Fed’s Waller sees no reason to wait, backs immediate rate cut

Fed Governor Christopher Waller reinforced his call for a July rate cut, arguing that the policy rate is too restrictive given current economic conditions. In a speech, Waller emphasized that recent tariffs will only cause a “temporary surge” in prices, not a sustained increase in inflation, and that standard monetary policy practice is to “look […]

The post Fed’s Waller sees no reason to wait, backs immediate rate cut appeared first on Action Forex.