The post Chris Waller Urges Fed Rate Cut At September FOMC Meeting appeared on BitcoinEthereumNews.com.

Federal Reserve Governor is doubling down on his push for a September Fed rate cut ahead of the FOMC meeting later this month. The Fed Governor also indicated that a potential September cut might be the first of many over the next three to six months. Chris Waller Advocates For A September Fed Rate Cut In a CNBC interview, the Fed Governor opined that they need to start cutting rates at the next FOMC meeting, while noting that he is not worried about inflation. He further remarked that they don’t have to go in on a locked sequence of steps, as they can see where the economy is heading. He added that multiple Fed rate cuts could happen over the next three to six months. Notably, the Fed Governor last week explicitly said that he would vote in favor of a 25 basis points (bps) rate cut at the September 17 meeting. He also opened the door to a 50 bps cut if the August nonfarm payrolls data comes in weaker than expectations. Inflation has so far been the FOMC’s major concern this year, as Powell and the Committee have, up till now, chosen a wait-and-see approach before lowering rates. However, Waller expects inflation to remain steady and doesn’t see it rising anytime soon. He admitted that there might be a blip of inflation, but that it won’t be permanent. He also assured that the Trump tariffs won’t cause long-term inflation, as some Fed officials fear. The Fed Governor again made it clear that he supports a Fed rate cut at the next FOMC meeting. It is worth noting that Waller was one of two FOMC members who dissented at the July meeting, voting in favor of a 25-bps Fed rate cut while the majority voted in favor of holding…

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Filed under: News - @ September 3, 2025 3:29 pm