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Top Fed official backs new rate cuts even if Trump tariffs materialize

ABC News
Summary
Nutrition label

88% Informative

Top Fed official backs new rate cuts even if Trump tariffs materialize.

Christopher Waller says he expects inflation will move closer to the Fed 's 2% target in coming months .

Waller 's remarks run counter to increasing expectations on Wall Street that the Fed may not cut its key rate much, if at all, this year .

VR Score

93

Informative language

94

Neutral language

79

Article tone

semi-formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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