Federal Reserve Gov. Waller Advocates for Immediate Rate Cut
July 17, 2025
July 17, 2025
WASHINGTON, July 17 -- Christopher J. Waller, a governor of the Federal Reserve Board, delivered a speech at the Money Marketeers of New York University. Waller argued that the Federal Open Market Committee should reduce the policy rate by 25 basis points at its next meeting, citing three main reasons.
He stated that tariffs cause only a temporary price surge that policy should "look through," that various data indicate monetary policy should be closer to neutral given so . . .
He stated that tariffs cause only a temporary price surge that policy should "look through," that various data indicate monetary policy should be closer to neutral given so . . .