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

The Federal Reserve maintained its previously expected pace of rate cuts but signaled higher inflation and a slowdown in economic growth for 2025.

The Swiss National Bank cut its interest rate to zero and could go negative. Swiss monetary policy is an interesting contrast to the Fed's.