Fed Governor Waller sees potential for multiple interest rate cuts in 2025

Fed Governor Waller sees potential for multiple interest rate cuts in 2025


Key Points
  • Fed Governor Christopher Waller told CNBC on Thursday that the central bank could lower interest rates multiple times this year if inflation eases as he is expecting.
  • “As long as the data comes in good on inflation or continues on that path, then I can certainly see rate cuts happening sooner than maybe the markets are pricing in,” he said.
  • Traders increased their bets for a slightly more aggressive pace of rate cuts following Waller’s remarks.



Source

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