News

Fed, Waller and Political

'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.
‘It’s Not Political’: Fed’s Waller Doubles Down on July Rate Cut
Inflation has come down far enough to justify a move—and tariffs should necessarily not be a reason to delay, he said.
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 to splinter over the path forward.
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 of costing the U.S. $360B a year in refinancing costs. "Our Fed Rate is AT LEAST 3 Points too high,
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 inflationary pressure they expect to come from President Donald Trump's use of tariffs to reshape global trade.
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.
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.
Wall Street Eyes Fed Minutes for Rate Cut Signals
Published minutes from the Federal Reserve’s June meeting showed little consensus on rate cuts later this month.
The Fed is deeply divided over when and how much to cut interest rates
The Federal Reserve is no longer speaking with one voice, breaking the hearts of economic nerds everywhere. The minutes from the June 17–18 meeting show real cracks opening up inside the room, with policymakers clashing over how soon,
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 ...
Three reasons the Fed will stand pat on interest rates
Policy is rightly locked on hold over the near-term in part because the uncertainty surrounding the Trump administration’s ...
FXStreet1d
Fed's Waller makes an argument for July rate cut - FXStreet
Federal Reserve (Fed) Board of Governors member Christopher Waller made another push for why the Fed should deliver an early rate cut in July.
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 ...