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Fed’s Waller Doubles Down on Jul. Rate Cut

Fed’s Waller Doubles Down on July Rate Cut: ‘It’s Not Political’
Federal Reserve governor Christopher Waller said Thursday that the central bank should consider cutting interest rates at its July meeting, even after a strong June jobs report.
'It’s not political': Waller again calls for rate cut in July, reinforcing Fed divide
Federal Reserve governor Christopher Waller reiterated Thursday that he believes the Fed could consider cutting rates later this month because any inflation from tariffs will be temporary, underscoring a new divide within the central bank.
Fed Minutes Underscore Divisions Over Pace of Interest Rate Cuts
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting to splinter over the path forward.
Fed minutes show little support for interest rate cut later this month
Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could be reduced as soon as this month, with most policymakers remaining worried about the inflationary pressure they expect to come from President Donald Trump's use of tariffs to reshape global trade.
Most Fed officials see rate cut as appropriate this year: FOMC minutes
With "current monetary policy moderately or modestly restrictive," Federal Reserve officials felt they are "well positioned to wait for more clarity on the outlook for inflation and economic activity,
Disagreement Grows Among Fed Officials on Rate Cut Timing
The Federal Reserve, long known for its careful consensus-building, is now confronting a rare bout of internal disagreement as officials debate how to respond to the economic risks posed by President Trump’s tariffs.
July rate cut from Fed is 'now completely off the table' following solid jobs report
The odds of a rate cut at the Federal Reserve’s next meeting evaporated after a resilient jobs report for the month of June alleviated concerns about a slowing US economy.
Waller Says Fed Is Too Tight, Can Consider July Rate Cut
Federal Reserve Governor Christopher Waller says the Fed should look through the price impact of tariffs during an event hosted by the Dallas Fed.
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Fed’s Hammack Raises Inflation Concerns Amid Push For Interest Rate Cut
Fed’s Hammack has affirmed her support for a wait-and-see approach to a Fed rate cut, further quenching hopes of a July cut.
Trump economics adviser Kevin Hassett is rising in race for next Fed chief
Kevin Hassett, Trump's longest-serving economic adviser, is a leading contender to become the next Federal Reserve chairman, ...
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Trump calls on Fed to cut rate by 'at least' 3 percentage points
The probability that the rate will be cut by 25 basis points at the July 29-30 meeting stands at 6.7%, with the odds of no rate change at 93.3%, according to the CME FedWatch tool.
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'It’s not political': Waller again calls for rate cut in July ...
Trump renewed his call for a rate cut on Thursday, posting on Truth Social that the Fed should “rapidly lower the rate” to reflect the country’s strength. In the same post, he praised Nvidia ...