Fed Governor Waller favors cutting interest rates in July and continued shrinking of balance sheet

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Senate Banking Committee Hears Testimony From Nominees For Federal Reserve Board Of Governors

Sarah Silbiger

"I've been advocating for lowering the policy rate since November of 2023," as long as inflation continues to come down, Federal Reserve Governor Chris Waller said on Thursday. He argues that tariffs will be a one-time price increase that won't fuel persistent inflation. "The

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