Reported about 11 hours ago
U.S. Federal Reserve Governor Christopher Waller suggested that the Fed consider rate cuts as early as July, arguing that recent inflation data shows moderate increases and a need to support the job market. His comments highlighted a division within the Fed, with some policymakers cautious about cutting rates while inflation remains above target. Richmond Fed President Tom Barkin emphasized the continued significance of inflation concerns and the absence of urgency for immediate cuts, illustrating a split in views regarding the impact of tariffs and the overall economic outlook.
Source: YAHOO