Fed’s Waller says he’d serve
Digest more
Federal Reserve Gov. Christopher Waller on Thursday called for the central bank to cut interest rates in July. Waller said
Waller restated the case he first revealed in a Thursday speech that the Fed should cut when policymakers gather later this month, given data suggesting the US labour market is “on the edge.”
Governor Christopher Waller's comments come as tensions between Fed Chair Jerome Powell and President Donald Trump have reached a boiling point in recent days.
With the star jockeys having left Brisbane, Kyle Wilson-Taylor grabbed the opportunity to shine with a double for Sydney’s premier trainer Chris Waller at Eagle Farm. The big boys have left town, now it’s Kyle Wilson-Taylor’s time to shine.
1d
Stocktwits on MSNFed’s Christopher Waller Signals July Rate Cut May Hinge On Private Sector WeaknessFederal Reserve Governor Christopher Waller said on Friday that unemployment in the private sector is the reason he may recommend a rate cut in the July Federal Reserve meeting. “The headline numbers for the labour market that we’re seeing are okay.
Explore more
Some officials want a July cut to protect the labor market, while others want to wait because they anticipate more inflation coming.
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been harshly criticized by the White House for delaying rate cuts.
1don MSN
Federal Reserve Governor Christopher Waller on Thursday laid out the argument he is going to make in two weeks to his central bank colleagues — cut interest rates now because the labor market is weaker than you think,
A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data showing ongoing resilience in the US economy and other central bankers pushing to keep rates steady.
Stocks wavered amid earnings. President Donald Trump signed the stablecoins bill in a win for the crypto industry.