The Fed's latest estimates anticipate two rate cuts throughout 2025.

Christopher Waller, a member of the Board of Governors of the United States Federal Reserve (Fed), said on Wednesday that he expects inflation to continue falling, which would pave the way for further reductions in interest rates.

"The degree of easing will depend on what the data tells us about progress towards 2% inflation, but my underlying message is that I think further cuts will be appropriate," he said at an event of the Organisation for Economic Co-operation and Development (OECD) held in Paris.

Waller has argued for continuing to tighten money prices if the economy evolves according to forecasts, although the pace will depend on progress in inflation and the health of the labor market. The Fed's latest estimates anticipate two rate cuts throughout 2025.

The 'guardian of the dollar' has expressed his conviction that inflation will fall back to 2% due to the trajectory of the underlying variable, the good data collected in November and the role of certain components of the inflation calculation that are not directly observable, such as residential services.