Federal Reserve Rate Cuts Could Happen ‘As Early as July,’ Says Fed Gov. Waller

Investors expect the next interest rate cut in September.

Christopher Waller testifies before the Senate Banking, Housing, and Urban Affairs Committee during a hearing on his nomination to be member-designate on the Federal Reserve Board of Governors, in Washington, on Feb. 13, 2020. Sarah Silbiger/Getty Images

The Federal Reserve could cut interest rates “as early as July,” says Federal Reserve Gov. Christopher Waller.

This week, the U.S. central bank, including Waller, voted to leave interest rates unchanged for the fourth consecutive meeting, as officials wait for more tariff-related data and clarity.