Federal Reserve Official Says 3-4 Cuts May Be Possible in 2025
Following the arrival of critical US economy inflation data, all eyes are on what the central bank is set to do about interest rates. Now, top Federal Reserve official Christopher Waller told CNBC that three to four cuts are still possible this year, “if the data cooperates.” The statement arrived after the most recent Bureau of Labor Statistics Consumer Price Index (CPI) saw inflation rise to 2.9% in December of 2024. Moreover, that data was an increase on November’s 2.7%. Moreover, Waller has previously been an outspoken advocate of more rate cuts this year. JUST IN: FED's Christopher Waller says "three or four cuts could be possible this year." — Watcher.Guru (@WatcherGuru) January 16, 2025 Also Read: Will the Fed’s Rate Cut Boost Bitcoin? Experts Weigh In Federal Reserve’s Christopher Waller Says As Many as Four Rate Cuts Could Be Possible This Year For the past several years, the US economy has been engaged in an aggressive fight against inflation. The metr...