Fed's Waller says interest rates will be cut toward neutral, only question is how quickly

  • Waller's views are coloured by his desire to curry favour with Trump and be appointed next Fed Chair
trump fed war
/LiveBytes Trump Fed attack

Federal Reserve Governor Waller:

  • No set sequence on how fast to cut rates
  • We know we are going toward neutral, just a question of how fast we get there
  • Says tariffs are a tax
  • Says taxes do not raise inflation
  • US debt on unsustainable path but not problem today, can be paid in years ahead
  • Waller says inflation is transitory

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