Fed Official Advocates for Immediate Rate Cut Amid Market Tensions
TL;DR Summary
A top Fed official, Christopher Waller, advocates for a rate cut in July to maintain labor market strength, contrasting with other officials who prefer to wait due to ongoing economic resilience and inflation concerns, amid political pressures from President Trump.
- A top Fed official, considered a candidate to replace Powell, keeps calling for a rate cut this month CNN
- Waller Says Fed Should Cut Rates Now With Labor Market on Edge Bloomberg
- Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure The New York Times
- Federal Reserve’s Waller says central bank should cut rates at next meeting AP News
- Fed Gov. Waller Makes the Case for Cutting Interest Rates in 2 Weeks Barron's
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