Reported about 12 hours ago
Federal Reserve Governor Christopher Waller, a leading contender for Fed chair, has advocated for a quarter-point interest rate cut while resisting political pressure from President Trump for more drastic measures. Waller emphasizes the importance of the Fed's independence and aims to ensure consistent policy serves both the markets and the economy. His approach reflects a commitment to data-driven decisions, as he challenges the administration's attempts to influence monetary policy.
Source: YAHOO