News

Fed’s Waller Doubles Down on Jul. Rate Cut

‘It’s Not Political’: Fed’s Waller Doubles Down on July Rate Cut
Federal Reserve governor Christopher Waller said Thursday that the central bank should consider cutting interest rates at its July meeting, even after a strong June jobs report.
'It’s not political': Waller again calls for rate cut in July, reinforcing Fed divide
Federal Reserve governor Christopher Waller reiterated Thursday that he believes the Fed could consider cutting rates later this month because any inflation from tariffs will be temporary, underscoring a new divide within the central bank.
Fed Governor Waller favors cutting interest rates in July and continued shrinking of balance sheet
Federal Reserve Governor Chris Waller said on Thursday said he favors cutting the Fed's policy rate in July. He also discussed the Fed's balance sheet and why it should continue to pay interest on bank reserves.
Fed's balance sheet drawdown likely can continue for some time, Waller says
NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said on Thursday the U.S. central bank still has some ways to go in shrinking the size of its holdings, in comments that offered a potential resting size for the ongoing drawdown,
Fed’s Waller Backs Balance Sheet Runoff, Shift in Composition
Federal Reserve Governor Christopher Waller said the US central bank should continue reducing the size of its balance sheet, including shifting its composition to include more short-term assets, but that it likely doesn’t need to fall too much.
Waller Says Fed Should Continue Reducing Size of Balance Sheet
Federal Reserve Governor Christopher Waller says the Fed should be able to lower the level of bank reserves to around $2.7 trillion, from the current level of $3.26 trillion, during an event hosted by the Dallas Fed.
Why isn't the Fed cutting interest rates? What to know
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Fed Minutes Underscore Divisions Over Pace of Interest Rate Cuts
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...
Trump calls on Fed to cut rate by 'at least' 3 percentage points
President Donald Trump vented his frustration with Jerome Powell once again on Wednesday, accusing the Federal Reserve chair ...
Fed minutes show little support for interest rate cut later this month
Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could be reduced as soon as this month, with most policymakers remaining worried about the ...
Can the Next Fed Chair Truly Be Independent From Trump’s Influence?
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...
Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.
Most Fed Officials Expect 2025 Rate Cuts Despite Tariff Inflation Concerns, Minutes Show
The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under barrage from the White House.
Trump ramps up pressure on Fed Chair Powell to cut rates in handwritten note: ‘You have cost the USA a fortune’
During a White House briefing, press secretary Karoline Leavitt brandished a sheet of paper listing global central bank rates ...