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Ariel
@Prolotario1
“Federal Reserve Governor Christopher Waller, a candidate to take over from Jerome Powell as chair in 2026, on Wednesday voiced his support for starting a rate-cutting cycle in two weeks and said the central bank has the flexibility to adjust that pace in the future.”
“When the labor market turns bad, it turns bad fast … So for me, I think we need to start cutting rates at the next meeting,” Waller said in an interview on CNBC’s “Squawk Box.” “We don’t have to go into a lock sequence of steps. We can kind of see where things are going, because people are still worried about tariff inflation. I’m not, but everybody else is.” End Quote
Source(s):
https://x.com/Prolotario1/status/1963242196401836214
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