So, hopefully all these factors will continue to remain under control and as we trend downwards towards 4% and as the other central banks have already cut rates, I think we are looking at a situation where the inflation should be under closer to 4% and leading to conditions for a rate cut.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend