Fed’s Waller sees interest-rate cuts this year, but nothing ‘rushed’

The Federal Reserve is likely to be able to cut interest rates this year, but there is no need for policy to be “rushed,” Fed governor Christopher Waller said Tuesday.

“When the time is right to begin lowering rates, I believe [the rate] can and should be lowered methodically and carefully,” Waller said in remarks to the Brookings Institution.

While…