Federal Reserve Governor Waller: Expect continued inflation decline and interest rate cuts this year
Federal Reserve Governor Waller stated that he expects inflation to continue to fall and interest rates to be cut this year. The recent consumer price index has been disappointing, but this may be due to seasonal adjustment issues. It is expected that the impact of tariffs on prices will be moderate and not lasting, and the Federal Reserve should strive to ignore this impact when formulating policies.
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