New York, Aug 29, 2025 (AFP) - Fed governor calls for rate cut at September policy meeting

NAMPA / AFP

2025-08-29

A governor of the US Federal Reserve, Christopher Waller, said Thursday that the central bank should lower its key interest rate at its upcoming monetary policy meeting. "While I believe we should have cut in July, I am still hopeful that easing monetary policy at our next meeting can keep the labor market from deteriorating while returning inflation" to the goal of two percent, Waller said during a speech in Miami. "So, let's get on with it," he......

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