Federal Reserve Governor Waller: Delaying Rate Cuts May Increase the Risk of More Aggressive Action in the Future

According to a report by Jinse Finance, Federal Reserve Governor Waller stated that the upside risk to inflation is limited, and the impact of tariffs is expected to gradually fade next year. Tariffs will push inflation higher in the short term; without the effect of tariffs, inflation would be close to the Fed’s 2% target. Delaying rate cuts may increase the risk of having to take more aggressive measures in the future.