Federal Reserve (FED) member Christopher Waller is optimistic about the course of inflation and emphasizes the need for additional interest rate cuts. Speaking at a conference in France, Waller stated that inflation is steadily moving towards the FED's 2% target but it is too early to end the central bank's easing cycle. He highlighted recent improvements in inflation measures and expressed his belief that further rate cuts would be necessary. Waller's speech suggests that the FED remains committed to its inflation target and is likely to implement more rate cuts in the future.



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