Christopher Waller

But at this point, that action seems to be premature.

Abstracting from the effects of tariffs and energy, I see a forecast in which underlying inflation continues to move toward 2%, leaving me cautious about rate cuts.

Now...

and are more inclined to cuts later in the year to support the labor market when the outlook is more steady.

I've seen this birth of space exploration, the rise of the personal computer, the explosion of the Internet, and then smartphones.

While all transformative, none match the potential that AI has in changing our lives and doing so at breathtaking speed.