Trump appointee at Fed doubts tariffs will fuel inflation and aligns himself with president’s vocal backing for interest-rate cuts - MarketWatch
1. Fed governor Waller sees room for interest rate cuts soon. 2. Current inflation trends align close to the Fed's 2% target. 3. Waller downplays the inflationary impact of Trump's tariffs. 4. Fed forecasts inflation to peak at 3% before declining. 5. Interest rate cuts could support the job market recovery.