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Mohamed A. El-Erian
elerianm
The link to Fed Governor Waller’s speech on the economic outlook: www.federalreserve.gov/newsevents/speech/waller20240327a.htm Markets will undoubtedly focus on his pushback against early rate cuts as progress in the battle against inflation “may have stalled” (see attachments please). This speech will increase the… pic.twitter.com/Rd6WJ7yc5A
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Mohamed A. El-Erian
elerianm
Posted earlier today: Are we witnessing a turning point in how major central banks, led by the Federal Reserve, implement their inflation-targeting regimes? Some thoughts via the @FT: www.ft.com/content/2cbf2116-f18f-492e-8f3f-170bc8402d5f #economy #markets #centralbanks #econtwitter #federalreserve pic.twitter.com/3BlwJia8Ly
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Christophe Barraud🛢🐳
C_Barraud
🇺🇸 #Fed’s Waller Says No Rush to Cut Interest Rates – Bloomberg www.bloomberg.com/news/articles/2024-03-27/fed-s-waller-says-no-rush-to-cut-should-delay-or-reduce-cuts
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Julia Coronado
jc_econ
The FOMC discourse around productivity is curious to me--if productivity gains don't last then you should be expecting a more rapid slowing in growth at the current level of interest rates (r > r*) rather than a reacceleration in inflation
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