Federal Reserve Governor Christopher Waller opposes a rate cut at the upcoming policy meeting. He suggests future cuts are possible if inflation pressures decrease. Waller wants more data, especially on inflation and tariffs, before making a decision. Financial markets expect a possible rate cut by June amid rising concerns over the economic outlook.
Asian stocks muted after rallying on Mideast truce
Asian stocks showed caution as the Israel-Iran truce held and Fed Chair Powell offered balanced rate cut views. Middle East tensions eased, and Powell’s flexible
June 25, 2025