⚡️ Rate Cut in July
Fed Governor Christopher Waller said the central bank could cut interest rates as early as next month, reiterating his view that tariff-induced inflation is likely to be short-lived.
🗣 "We could do it as early as July," Waller said during an interview with CNBC. The Fed's meeting is scheduled for July 30.
🤏 Waller's comments are at odds with recent comments from Powell, who believes that inflation will rise even more sharply in the summer due to tariffs, while the chances of a decline in July are only 14%.
#PowellRemarks #CryptoStocks #IsraelIranConflict #FOMCMeeting #XSuperApp