All articles tagged with #chris waller
Over 80% of top CEOs favor Fed Governor Chris Waller as the next Fed Chair due to his credibility in lowering interest rates while maintaining central bank independence, contrasting with other contenders and political interference, and his positive market reception.
Fed Governor Chris Waller stated that there is no rush to cut interest rates, citing recent economic data showing strong job gains and elevated inflation measures. Despite forecasts predicting elevated core PCE inflation, the odds of a rate cut in June rose slightly, with Fed Chair Powell indicating potential future cuts. However, some argue that cutting too early could exacerbate inflation and economic imbalances, potentially leading to a recession.