Central Banks

Fed’s Waller Says He’d Support Rate Cuts If Tariffs Drive Job Losses

WATCH: Federal Reserve Governor Christopher Waller discusses the impact of the Trump administration’s tariff policy on the US economy and Fed monetary policy.Source: Bloomberg

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By Amara Omeokwe

April 24, 2025 at 2:22 PM UTC

Updated on

April 24, 2025 at 3:49 PM UTC

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Federal Reserve Governor Christopher Waller said firms may begin laying off more workers if aggressive tariff levels are reinstated by the Trump administration, and he’d support rate cuts if there’s a significant rise in unemployment.