Fed Governor Chris Waller has again shown his support for rate cuts due to the current labor market conditions. He also indicated that the labor market should be the priority, as he doesn’t expect inflation to reaccelerate. More potential Fed rate cuts mark a positive for the crypto market, as they could inject more liquidity.

The post Fed’s Chris Waller Says Labor Market Is ‘Very Soft,’ Signaling Support for More Rate Cuts appeared first on CoinGape.

Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

JPMorgan & Wall Street Giants See Hot US CPI Inflation at 4.2%, Bitcoin, ETH, XRP to Fall?

The US stock market and global crypto market are facing renewed selling pressure ahead of today’s US CPI inflation data release. JPMorgan, M...