Hacker News Reader

> Fed Governor Christopher Waller says he's prepared to take rates past 'neutral' to fight inflation

Good cop, bad cop: "Bullard says U.S. Fed could cut rates in 2023, 2024 once inflation under control"

"once inflation under control" is the key qualifier there.

given the rise in wages and overhang in jobs i don't think getting inflation under control will be easy.

"US fed could cut rates in 2023, 2024 once the economy has been pushed into a deep recession" is how I read that statement.