Fed’s Waller says he’d serve
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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.
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.
Federal Reserve Gov. Christopher Waller on Thursday called for the central bank to cut interest rates in July. Waller said
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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.
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.”
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Some officials want a July cut to protect the labor market, while others want to wait because they anticipate more inflation coming.
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.
Fed Governor Waller discusses balance sheet challenges, QT into 2029, and risks to Fed independence. Read the implications for markets if Powell leaves the Fed.