Recently, there has been active discussion in economic circles about when the Federal Reserve (Fed) will resume cutting interest rates, which have remained unchanged since the beginning of the year.
Fed's Rate Cut Expectations
The majority of Fed members expect the first rate cut of the year to occur in July or, at the latest, in September.
Statements from Chris Waller
Fed member Christopher Waller recently expressed his desire to cut interest rates in July due to rising economic and labor market risks. He stated, "It makes sense for the FOMC to cut the policy rate by 25 basis points at its meeting at the end of July."
Discussion on Stablecoins
Aside from his expectations for a rate cut, Waller commented on stablecoins, noting that they introduce competition to the payment system but do not pose a threat.
The situation with interest rates remains under close watch, with decisions being made based on current data regarding the state of the economy.
