Fed’s Waller backs further rate cuts, flags tariffs as potential inflation risk

Fed Governor Christopher Waller reaffirmed his support for continued rate cuts in 2025, while emphasizing that the pace will hinge on inflation progress and labor market stability. In a speech today today, Waller noted that the median expectation from the latest Summary of Economic Projections suggests two 25-basis-point cuts this year, but highlighted the “range […]

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