Fed’s Waller Believes Further Cuts ‘Will Be Appropriate’

Federal Reserve Governor Christopher Waller said, “if the outlook evolves as I have described here, I will support continuing to cut our policy rate in 2025,” as he believes inflation will continue to cool toward the central bank’s 2% target. Waller also cast doubt on the idea that tariffs would have a significant effect on inflation, saying they “are unlikely to affect my view of appropriate monetary policy.” He spoke Wednesday at an Organization for Economic Cooperation and Development event i

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