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News

Fed's Waller Calls for Jul. Interest Rate Cut

The New York Times · 2d
Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure
Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait for the labor market to weaken to reduce interest rates.
TheStreet on MSN · 7h
Federal Reserve official gives green light to July rate cut
Waller doubled down on that position July 17, saying the latest data, including the June CPI figure at 2.7% and other recent economic numbers, show it’s definitely time for the Fed’s first rate cut in 2025. But will the rest of Fed leadership vote for it?
Associated Press News on MSN · 2d
Federal Reserve's Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts.
New Orleans City Business27d
Federal Reserve’s Bowman says rate cut should be on table in July
Michelle Bowman backs a potential July rate cut as inflation remains muted, highlighting divisions within the Federal Reserve leadership.
New York Post27d
Fed’s Bowman backs July rate cut citing weak inflation, labor fragility
Federal Reserve Vice Chair for Supervision Michelle Bowman said Monday she would support cutting interest rates as soon as next month.

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