Fed Governor Waller says central bank could cut rates as early as July
Source: CNBC
Published Fri, Jun 20 2025 8:35 AM EDT | Updated 12 Min Ago
Federal Reserve Governor Christopher Waller said Friday that he doesn’t expect tariffs to boost inflation significantly so policymakers should be looking to lower interest rates as early as next month.
In a CNBC interview, the central banker said he and his colleagues should move slowly but start to ease as inflation is not posing a major economic threat, which he expects to continue. “I think we’re in the position that we could do this and as early as July,” Waller said during a “Squawk Box” interview with CNBC’s Steve Liesman. “That would be my view, whether the committee would go along with it or not.”
The comments come two days after the Federal Open Market Committee voted to hold its key interest rate steady, the fourth straight hold following the last cut in December.
President Donald Trump, who nominated Waller as a governor during his first term in office, has been hectoring the Fed to lower interest rates to reduce borrowing costs on the $36 trillion national debt. In his remarks, Waller said he think the Fed should cut to avoid a potential slowdown in the labor market.
Read more: https://www.cnbc.com/2025/06/20/fed-governor-waller-says-central-bank-could-cut-rates-as-early-as-july.html
Article updated.
Previous article -
Federal Reserve Governor Christopher Waller said Friday that he doesn't expect tariffs to boost inflation significantly so policymakers should be looking to lower interest rates as early as next month.
In a CNBC interview, the central banker said he and his colleagues should move slowly but start to ease as inflation is now longer a major economic threat.
"I think we're in the position that we could do this and as early as July," Waller said during a "Squawk Box" interview with CNBC's Steve Liesman. "That would be my view, whether the committee would go along with it or not."
The comments come two days after the Federal Open Market Committee voted to hold its key interest rate steady, the fourth straight hold following the last cut in December. President Donald Trump, who nominated Waller as a governor during his first term in office, has been hectoring the Fed to lower interest rates to reduce borrowing costs on the $36 trillion national debt.
Original article -
Federal Reserve Governor Christopher Waller spoke Friday on CNBC's "Squawk Box."
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