PANews, June 20 - According to Jinshi reports, Federal Reserve Governor Waller recently stated that he supports the idea of considering interest rate cuts in July and believes that tariffs will not lead to sustained inflation. He mentioned that tariffs will be a one-time factor and that the Federal Reserve should not wait until the job market collapses to lower interest rates. Waller noted that currently, the job market is stable but is showing some signs, such as a higher unemployment rate among recent graduates. For the past six months, the Federal Reserve has been on the sidelines, waiting for the inflation shock to arrive. Waller believes there is room for the Federal Reserve to lower interest rates and then see what happens with inflation. He stated that the Federal Reserve may meet the conditions for an interest rate cut as early as July. Before Waller made these remarks, the market was pricing in only a 14% chance of the Federal Reserve cutting rates in July.
