🌟 San Francisco Fed President Mary Daly stated it’s time to consider adjusting interest rates. She expects two rate cuts this year if current economic trends persist, noting stable growth, a cooling labor market, and easing inflation.
🌟 Fed Governor Christopher Waller supports potential rate cuts as early as July, arguing the current rate is overly restrictive and inflation from President Trump’s tariffs will be temporary. He emphasized, “This is not a political issue.”
🌟 Meanwhile, St. Louis Fed President Alberto Musalem is more cautious, suggesting more time is needed to assess the impact of Trump’s tariffs and whether the resulting inflation will persist.[](https://finance.yahoo.com/news/its-not-political-waller-again-calls-for-rate-cut-in-july-reinforcing-fed-divide-170533220.html)
