Waller (one of the Federal Reserve governors) stated in an interview on 20/06/2025 on CNBC that the bank may start lowering interest rates in July if inflation data continues to improve, and they observed a slowdown in the labor market.
Some members expect two cuts during 2025.
Others expect only one cut.
The next Federal Reserve meeting will be on 29–July 2025.
Summary:
Yes, there is a real discussion within the Fed about starting to cut rates in July, but there is no official decision yet. The statements came from Governor Waller, but the top leadership — like Jerome Powell — still prefers to wait.
Among the most important factors affecting the crypto market is the interest rate.
Lowering the interest rate is positive for the crypto market.
Raising the interest rate is negative for the crypto market.