Christopher Waller, who serves on the Federal Reserve’s Board of Governors, said Friday the central bank should deliver interest rate cuts as soon as July, echoing President Donald Trump’s demands for lower borrowing costs.

Christopher J. Waller, who was appointed by President Trump, said the central bank should not wait for the labor market to weaken.

Federal Reserve governor Christopher Waller said the central bank could be positioned to cut interest rates at its next meeting in July, notwithstanding potential inflation pressures from tariffs. “I think we’ve got room to bring it down,