By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said on Thursday he leans strongly against a rate cut at the Fed's upcoming policy meeting this month, although he reckons cuts later in the year remain on track if inflation pressures continue to abate.

Federal Reserve Governor Christopher Waller said he wouldn’t support lowering interest rates in March, but sees room to cut two, or possibly three, times this year.

In a public appearance Thursday, Federal Reserve Gov. Christopher Waller said the founding fathers supported independent money management and undoing it now would be a mistake.

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said on Thursday he is unlikely to support a rate cut at the Fed's upcoming policy meeting, although he expects cuts later in the year remain possible if inflation pressures continue to abate.