🚨 Christopher Waller, the Federal Reserve Governor, stated that policymakers should lower interest rates this month to support a labor market that appears to be weakening.
Waller added that tariffs are "one-time increases" that do not cause sustained inflation, indicating that the central bank should not "wait for the labor market to deteriorate before lowering the interest rate."
His comments come at a time when Federal Reserve officials remain divided between those who believe inflation is moderate enough to justify a cut in the central bank's federal funds rate and those who fear that tariffs will increase price pressures.
@Huma Finance 🟣 #HumaFinance #SoftStaking
