🇺🇸 Fed Governor Waller: Inflation No Longer a Major Threat, Rate Cuts Could Begin as Early as July
Federal Reserve Governor Christopher Waller stated that inflation is no longer a major threat, and warned that if the labor market shows signs of weakening, the Fed should cut interest rates immediately rather than wait.
“I think we’re in a position to do this as early as July… That’s my personal view,” Waller said, signaling support for a preemptive rate cut if economic data justifies it.
His remarks suggest a growing openness within the Fed to shift policy in response to evolving labor and inflation dynamics.
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