Federal Reserve Governor Waller: The 'good news' is that there is still a possibility of a rate cut later this year

According to BlockBeats, on June 2nd, Federal Reserve Governor Waller was giving a speech on the economic outlook at the 2025 Bank of Korea International Conference: the impact of tariffs on inflation may reach its maximum in the second half of 2025. The tariff measures will push up the unemployment rate, and this impact may persist. There are downside risks to the economy and job market, while inflation faces upside risks. The prospect of interest rate cuts depends on the slowdown of inflation and whether tariff measures are at the lower end of the range. The good news is that there is still a possibility of interest rate cuts later this year. (Golden Ten)