Fed’s Waller Says Fresh Rate Cuts Possible in First Half of 2025
- Renewed rate reductions to hinge on favorable inflation data
- Fed governor doesn’t rule out March cut, depending on data
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Federal Reserve Governor Christopher Waller said the US central bank could lower interest rates again in the first half of 2025 if inflation data continue to be favorable.
“The inflation data we got yesterday was very good,” Waller said Thursday in an appearance on CNBC, referring to fresh figures that showed a cooldown in underlying price pressures last month.