Federal Reserve Governor Christopher Waller said large, broadly applied tariffs could significantly affect the economy and the Federal Open Market Committee's pursuit of economic objectives.
Fed’s Waller: Tariffs could affect the FOMC’s economic objectives
April 15, 2025 / By ICBA
Federal Reserve Governor Christopher Waller said large, broadly applied tariffs could significantly affect the economy and the Federal Open Market Committee's pursuit of economic objectives.
Federal Reserve Governor Christopher Waller said large, broadly applied tariffs could significantly affect the economy and the Federal Open Market Committee's pursuit of economic objectives.
Details: Speaking in St. Louis, Waller also said:
If tariffs are reduced, rate cuts are very much on the table in the latter half of this year.
Inflation has had a bumpy path down toward the Fed’s 2% goal, but last week’s consumer price index data was encouraging.
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