Federal Reserve Vice Chairperson for Supervision Michelle Bowman has become the second leader within the central bank to declare a rate cut could be imminent. Speaking at a banking conference in Prague, Czech Republic, Bowman stated, “If inflation remains near its...
Federal Reserve Governor Christopher Waller has declared the central bank should be able to cut rates again as early as July. In an interview this morning on CNBC, Waller stated that tariffs are not likely to fuel an inflationary spike. He urged the Fed to move slowly...
Federal Reserve Governor Christopher Waller said the U.S. economy was “within striking distance” of the central bank’s goal of a 2% inflation rate, but he cautioned against pushing for interest rate cuts until a lower inflation environment was sustainable....