Fed's Waller (voter) says none of what drove pandemic inflation surge is in place now and just doesn't see how tariffs would create persistent inflation
Says:
- Policy should look at real side of economy if inflation is close to target.
- Fed is close to reaching inflation target.
- Doubts a 10% tariff can get inflation up to 3%.
- Markets determine long term yields.
- Long term yields up in part on government fiscal worries.
- Fed is actively exploring AI technology in a safe fashion.
- Stablecoins are just a payment instrument.
- Stablecoins are a new way to introduce competition in the payment sector.
- Not a fan of central bank digital currencies.
02 Jun 2025 - 01:38- EnergyImportant- Source: Newswires
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