According to a report by Jinshi Data, Federal Reserve Governor Waller stated during a Q&A session after his speech at the Dallas Federal Reserve that even with strong employment data in June, the Fed should consider lowering interest rates at the July meeting. He believes the current policy interest rate is too high, inflation has clearly cooled, and the job market is stabilizing.
Waller pointed out that the recent price increases caused by tariffs are limited to specific goods, and the central bank does not need to maintain such a tight policy stance. He emphasized that the feasibility of lowering interest rates is unrelated to politics, even though he is seen as a strong candidate for the next Federal Reserve Chairman. Trump has repeatedly criticized Powell and urged him to resign early.