Fed Governor Waller: I don't think it's necessary to cut interest rates in March

Fed Governor Waller said that not all tariffs will be passed on to consumers; the Fed's current policy is still restrictive, the Fed can cut interest rates for positive and negative reasons, and still believes that good prospects for interest rate cuts remain. Waller said that he does not think it is necessary to cut interest rates in March, and the Fed may cut interest rates after March; the median expectation of two interest rate cuts in 2025 is still reasonable.