CNBC’s Steve Liesman and Federal Reserve Governor Christopher Waller join 'Squawk Box' to discuss the Fed's inflation fight, state of the economy, rate path outlook, strength of the labor market, impact of tariffs,

Federal Reserve governor Chris Waller signaled that the central bank could cut rates at its July meeting, CNBC reported. Mercatus Center senior-affiliated scholar and former Richmond Fed president Jeffrey Lacker joins Market Domination to share his read of the possibility of a July cut.

Governor Waller signaled potential interest rate cuts as early as July, despite the Fed's decision to hold rates steady over inflation worries amid Trump's criticism.