According to online reports, Nick Timiraos, the "sounding board of the Federal Reserve", said that Federal Reserve Governor Waller continues to maintain the most dovish position among his colleagues at the Federal Open Market Committee (FOMC). "I fully agree with the statement that maybe we should start thinking about cutting policy rates at the next meeting because we don't want to wait until the job market collapses to start cutting policy rates," Waller said not long ago. Waller hinted at developments within the committee-based on current data, the FOMC does not support a rate cut in July. This raises the question: Is he laying the groundwork for "raising objections in support of interest rate cuts" at the July meeting? Among those hoping to be nominated as chairman of the Federal Reserve, Waller is perhaps the most theoretical case yet to put forward a cut in interest rates.