Federal Reserve Governor Waller issued a clear dovish signal: in favor of a rate cut in July

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Waller recently stated that he supports considering interest rate cuts in July, believing that tariffs will not lead to sustained inflation. He mentioned that tariffs will be a one-time factor, and the Federal Reserve should not wait until the job market collapses to cut rates. Waller noted that currently, the job market is stable, but some signs are beginning to emerge, such as a high unemployment rate among recent graduates. For the past six months, the Federal Reserve has been on the sidelines, waiting for the inflation shock to arrive. Waller believes that the Federal Reserve has room to lower interest rates and then see what happens with inflation. Waller stated that the Federal Reserve could meet the conditions for a rate cut as early as July. Before Waller made these remarks, the market had only a 14% bet on the possibility of a rate cut by the Federal Reserve in July.