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The Daily Hodl 2025-01-17 19:45:18

US Fed Governor Says Rate Cuts Could Resume in the First Half of 2025 If Economic Trends Continue

U.S. Federal Reserve Governor Christopher Waller says multiple rate cuts are possible in the first half of the year. In a new interview with CNBC, Waller notes that recent data suggests inflation is coming down. “If we continue getting numbers like this, it’s reasonable to think that possibly rate cuts could happen in the first half of the year… It depends if — always the big word ‘if’ — if the inflation data continues to come in like it has been. If we don’t, if we get a surprise like we did last year, then we’re going to have to stay on hold until we get inflation coming back down. But I’m optimistic that this disinflationary trend will continue and we’ll get back closer to 2% a little quicker than maybe others are thinking.” The current federal funds rate is 4.33% after a series of cuts from the Federal Open Market Committee (FOMC) that started in September. The FOMC is scheduled to hold its next meeting on interest rates on January 28th. The Fed is not expected to cut rates at that January meeting, and Waller did little in the interview to dispel that notion. The Fed governor did note that a rate cut in March could not “be completely ruled out,” depending on inflation data. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post US Fed Governor Says Rate Cuts Could Resume in the First Half of 2025 If Economic Trends Continue appeared first on The Daily Hodl .

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