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Economist: Waller’s stance may be slightly more accommodative than Powell’s

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ME News message: On April 28 (UTC+8), as obstacles to Kevin Wosch being confirmed as the next U.S. Federal Reserve chair appear to be diminishing, the market is re-examining what this change could mean. AMP Chief Economist Shane Oliver said Wosch is committed to maintaining the Fed’s independence, and he may place greater emphasis on the AI transition rather than employment. Oliver also said Wosch may value trimmed-mean inflation more than core PCE, though this may be seen as cherry-picking. Oliver added that his stance could be slightly more dovish than Powell’s, but it would not represent any fundamental difference. (Source: Jinshi)
AMP1.83%
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