Washington, June 23, 2025 (AFP) - US Fed official open to interest rate cut as soon as July

NAMPA / AFP

2025-06-23

A key US central bank official called Monday for an interest rate cut as early as July if inflation effects from President Donald Trump's sweeping tariffs remain limited. The comments by Federal Reserve vice chair for supervision Michelle Bowman came days after Fed governor Christopher Waller said the bank could lower rates as soon as next month -- amid differences among officials on how they should respond to levies. "Should inflation pressures......

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