Reverses Dec Fed rate call to 25bps cut
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Since the last Fed meeting, "most of the private sector and anecdotal data that we've gotten is that nothing has really changed. The labor market is soft. It's continuing to weaken," with inflation expected to ease, Waller said on Fox Business' Mornings with Maria.
Governor Christopher Waller discussed his meeting with Treasury Secretary Scott Bessent as speculation grows about his potential Fed chair appointment.
Federal Reserve Governor Chris Waller has revealed that he will vote for a Fed rate cut at the December FOMC meeting. This comes just days after Fed
The U.S. Federal Reserve will reduce its key interest rate by a quarter-percentage point at the December 9-10 policy meeting to support a cooling labour market, according to a majority of over 100 economists surveyed by Reuters.
Two Federal Reserve officials are worried about the job market — more so than inflation. Fed governor Chris Waller said Monday that he supports cutting interest rates next month because he's more worried that the job market is weakening than inflation ...