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Take Fed governor Waller's dovishness with a grain of salt: Expert

The Federal Reserve's December FOMC meeting minutes reveal concerns over inflation and the impact of trade and immigration policies on the economy. Serpa Pinto Advisory Founder Jon Hilsenrath joins Market Domination Overtime hosts Julie Hyman and Josh Lipton to discuss the Fed officials' cautious stance on interest rate cuts and how inflation data will influence future decisions. Hilsenrath mentions the central bank mostly agreed that "once they cut rates in December, it's time to pause and... see how things play out.” He also weighs in on speculation surrounding Fed Governor Chris Waller reaffirming his support for cutting interest rates this year despite President-elect Donald Trump's proposed tariff plans. This discussion offers insights into how these factors may shape the Fed's actions moving forward. Hilsenrath goes on to comment on Fed Chair Jerome Powell's presence in the second Trump administration To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Josh Lynch