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2025-12-18 00:48:14
[Federal Reserve Governor Waller Supports Rate Cuts, Emphasizes No Need to Rush] Federal Reserve Governor Christopher Waller expressed support for further rate cuts to bring interest rates back to a neutral level, but emphasized that policymakers should not rush into it. Speaking on Wednesday's CNBC forum, Waller stated that if inflation continues to slow until 2026, current monetary policy rates would be up to 100 basis points higher than the neutral rate. The neutral rate is the interest rate at which the Federal Reserve neither stifles economic growth nor pushes up inflation. "Because inflation is still high, we can take it slow—there's no need to rush into rate cuts," he said. "We can take it step by step, lowering the policy rate towards the neutral level." This is Waller's first public statement since the Federal Reserve cut rates for the third consecutive time last week.
