Fed’s Waller says he expects disinflation and rate cuts to resume this year

Federal Reserve Board Governor Christopher Waller

• expect tariffs to have modest and non-persistent impact on prices that Fed should try to look through in setting policyrecent CPI disappointing, but could be the result of seasonal adjustment issuesexpect disinflation and rate cuts to resume this yearnot putting much weight on January retail sales given impact of cold weatherlabor market remains strong, solid growth appears to be continuing in first quarter of 2025Fed cannot let uncertainty about policy paralyze action that is otherwise appropriate, must be guided by data

Headlines via Reuters

This article was written by Eamonn Sheridan at www.forexlive.com.