Federal Reserve Governor Christopher Waller stated he is unlikely to endorse a cut in interest rates at the March 2025 policy meeting due to the absence of required February inflation data. He mentioned that while the current federal funds rate stands at 4.25% to 4.5%, future cuts could occur if inflation pressures diminish.

Waller’s remarks reflect growing concerns about the economic outlook, particularly due to President Trump’s trade policies, which may escalate inflation and hinder growth. He noted the importance of assessing the effects of tariff policies before making any adjustments to the monetary policy.