From Yahoo Finance: 2025-06-20 16:34:00

Federal Reserve Governor Christopher Waller stated that interest rates could be lowered as early as next month, citing short-lived inflation from tariffs. Waller believes GDP growth and inflation are on target and the Fed has room for rate cuts. However, Fed Chair Jerome Powell mentioned waiting for the impact of tariffs before lowering rates. President Trump has urged rate cuts to reduce government debt costs. San Francisco Fed President Mary Daly prefers waiting for more information before supporting a rate cut in July. Richmond Fed President Tom Barkin sees no rush to cut rates due to low unemployment and stable consumer spending.



Read more at Yahoo Finance: Waller Says Fed Could Cut Interest Rates as Soon as July