Fed Governor Waller Urges July Rate Cut
2025-07-25 03:45:00 ET
Christopher J. Waller says the central bank should not wait until autumn to ease policy. Speaking to the Money Marketeers of New York University on July 17th, he argued for a 25-basis point trim to the federal funds target range “in two weeks.” With growth fizzling, hiring sputtering, and tariffs muddying the inflation picture, Waller believes quick action would keep the Federal Open Market Committee (FOMC) from “falling behind the curve.”...
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