Fed Governor Waller says central bank could cut rates as early as July

Fed Governor Waller says central bank could cut rates as early as July


Key Points
  • Fed Governor Christopher Waller said Friday that he doesn’t expect tariffs to boost inflation significantly so policymakers should be looking to lower interest rates as early as next month.
  • “If you’re starting to worry about the downside risk [to the] labor market, move now, don’t wait,” he said.
  • Most Fed policymakers prefer a wait-and-see approach, with market pricing indicating the next rate cut won’t come until September.



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