A short-lived bump in tariff-driven inflation could pass quickly enough to allow U.S. interest-rate cuts later this year, especially if tariffs themselves ease, Fed governor Christopher Waller said.

By Michael S. Derby (Reuters) -Federal Reserve Governor Christopher Waller said Sunday that interest rate cuts remain possible later this year even as the Trump administration’s tariff regime is likely to push up price pressures temporarily.

Federal Reserve Governor Christopher Waller said on Monday that the Fed could still lower interest rates before the end of the year, even though President