Natixis economist Christopher Hodge suggests weak February data could prompt the Fed to adopt a more dovish stance, reinforcing Waller’s cautious outlook on rate cuts.
Christopher Hodge, an economist at Natixis, stated that weak February nonfarm payroll data and downward revisions to January’s figures could push the Federal Reserve to consider rate cuts, further supporting a dovish stance. Federal Reserve Governor Waller continues to focus on the revised data, which suggest a slow labor market recovery.