Federal Reserve Governor Waller: "Good News" is that a rate cut is still possible later this year

BlockBeats News, June 2nd, Federal Reserve Governor Waller gave a speech on the economic outlook at the 2025 Bank of Korea International Conference: The impact of tariffs on inflation may peak in the second half of 2025. Tariff measures will raise the unemployment rate, and this impact may persist. There are downside risks to the economy and the job market, while inflation faces upside risks. The prospect of a rate cut depends on a slowdown in inflation and whether tariff measures are at the lower end of the range. The "good news" is that a rate cut is still possible later this year. (FX678)