Fed Governor Waller Discusses Economic Outlook at South Korea Conference

According to BlockBeats, Federal Reserve Governor Christopher Waller addressed the economic outlook at the 2025 Bank of Korea International Conference. He highlighted that the impact of tariffs on inflation might peak in the latter half of 2025. These tariff measures are expected to increase unemployment, with the effects likely to persist, posing downside risks to the economy and the job market, while inflation faces upward pressure. The prospect of interest rate cuts depends on the slowdown of inflation and whether tariff measures remain at the lower end of the range. Waller noted that there is still a possibility of rate cuts later this year.