Brian Jacobsen: Opposition within the Federal Reserve will become louder after Waller takes office
ChainCatcher news, according to Golden Ten Data, Brian Jacobsen, Chief Economist at Annex Wealth Management in Menomonee Falls, Wisconsin, stated that it is not surprising to see differences within the Federal Reserve, but the extent of the disagreements is surprising. He mentioned that if Powell's last meeting was already like this, just imagine how loud the opposing voices would be under Walsh's leadership. Regarding the persistent high inflation, hawkish signals can be seen everywhere in their rhetoric. Some Federal Reserve officials believe that raising interest rates may solve the inflation problem, even if it means sacrificing the labor market.
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