Federal Reserve Governor Christopher Waller hinted at the possibility of additional interest rate cuts this year to combat ongoing inflationary pressures. "It's certainly possible that we could have additional rate cuts this year," Waller said. However, he emphasized that the pace and timing of future rate adjustments remain uncertain. Waller's comments reflect the Fed's ongoing efforts to balance its dual mandate of price stability and maximum employment. With inflation remaining stubbornly above the central bank's target of 2%, the Fed is facing pressure to act. The Fed has already reduced interest rates twice this year, by a quarter percentage point each time. Further rate cuts could help stimulate economic growth and curb inflation. However, the Fed must also carefully consider the potential risks associated with excessive easing, such as asset bubbles and inflationary pressures. As the Fed continues to monitor economic data, it is expected to make further decisions on interest rates in the coming months. Market analysts and economists will closely follow the Fed's announcements for guidance on the future direction of monetary policy.