#BTC The Federal Reserve Board of Governors Waller clearly adopts a dovish stance: supports a rate cut in July.

On June 20, Jin Shi Data reported that Federal Reserve Board of Governors member Waller recently stated that he supports the idea of considering interest rate cuts in July, believing that tariffs will not lead to persistent inflation. He mentioned that tariffs will be a one-time factor and that the Federal Reserve should not wait until the job market collapses to cut rates. Waller stated that currently, the job market is stable, but there are beginning to be some signs, such as a high unemployment rate among recent graduates. For the past six months, the Federal Reserve has been on hold, waiting for the arrival of inflation shocks. Waller believes that the Federal Reserve has room to lower rates and then see what happens with inflation. He indicated that the Federal Reserve may earliest meet the conditions for rate cuts in July. Before Waller made these remarks, the market had only a 14% chance of the Federal Reserve cutting rates in July.