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

Finance

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