Federal Reserve Board member Waller: Supports further interest rate cuts this year. Does not believe the new government will implement 'severe' tariff policies, expects tariffs will not have a significant impact on inflation;

December meeting minutes: At or near the point of slowing the pace of interest rate cuts, some officials believe it is necessary to remain steady in December. Inflation will continue to slow, but policies of the new government may increase the risk of price pressures.