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Benzinga
Benzinga
Business
Vishaal Sanjay

Fed Governor Christopher Waller Calls For 25 Bps Cut In July, Cites 'Stall Speed' Jobs Data—Says Tariff-Driven Inflation Shouldn't Stop Easing As Trump Pressures Jerome Powell

Federal Reserve

Federal Reserve Governor Christopher Waller just made the case for cutting interest rates at the Federal Open Market Committee's July meeting.

What Happened: On Thursday, speaking at the Money Marketeers of New York University, Waller said, “I believe that the Federal Open Market Committee (FOMC) should reduce our policy rate by 25 basis points at our next meeting.”

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