Federal Reserve Governor Waller: If inflation falls below 2%, although this is unlikely, or if the labor market deteriorates, the Federal Reserve may cut interest rates in advance. If inflation unexpectedly rises, the Federal Reserve may pause rate cuts

Federal Reserve Governor Wall: If inflation falls below 2%, which is unlikely, or if the labor market deteriorates, the Federal Reserve may cut interest rates in advance. If inflation unexpectedly rises, the Federal Reserve may pause rate cuts