Deep Tide TechFlow News, on January 8, according to Jinshi reports, Federal Reserve Governor Waller stated on Wednesday that although inflation at the end of 2024 is expected to stagnate above the 2% target, based on market expectations and short-term inflation data, the inflation situation in the United States is still improving. He anticipates that inflation will continue to decline in 2025, supporting further interest rate cuts.

Waller emphasized that the fundamentals of the U.S. economy remain robust, and the job market shows no significant signs of weakening. There is a large divergence among Federal Reserve officials regarding the number of interest rate cuts in 2025, ranging from zero to five. He believes that although the slow progress of inflation has triggered calls for a slowdown or pause in interest rate cuts, mid-term inflation will continue to move towards the 2% target, and further rate cut policies will be appropriate.