Crypto Currency Tracker logo Crypto Currency Tracker logo
BitcoinSistemi 2025-08-29 13:36:08

Fed Chair Candidate Announces Interest Rate Cut Expectations "Within 3-6 Months…"

While the markets generally expect the FED to cut interest rates in September, the probability of a 25 basis point cut is priced in at 85%. US President Donald Trump is also pressuring Fed Chairman Jerome Powell to cut interest rates quickly, stating that they are late in reducing interest rates. At this point, FED member Christopher Waller, who is close to Trump and supports the interest rate cut, announced that he supports the interest rate cut in September. Speaking at the Miami Economic Club, Waller announced that he supports a 25 basis point cut in interest rates in September and said he expects additional cuts in the next 3-6 months. Christopher Waller, who is considered a potential candidate for the next Fed President, said in July that he also wanted to cut interest rates and that his determination on this issue has increased since then. At this point, Waller stated that reducing interest rates would be the right move and risk management due to the positive trend in core inflation and labor market risks. With core inflation running near 2%, market-based long-term inflation expectations firmly anchored, and the likelihood of undesirable labor market weakness increasing, the correct risk management strategy is for the FOMC to cut the policy rate now. “As of today, I expect further rate cuts within the next three to six months. The pace of rate cuts will be determined by incoming data.” Waller also commented on the recently enacted US stablecoin regulation bill, the GENIUS Act, saying he sees it as a good starting point. *This is not investment advice. Continue Reading: Fed Chair Candidate Announces Interest Rate Cut Expectations "Within 3-6 Months…"

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.