The Federal Reserve Board of Governors member Waller supports another interest rate cut at the December meeting due to concerns about the slowdown in the labor market and employment. He believes that an interest rate cut would help alleviate economic pressure, especially for low- and middle-income consumers, while he has no concerns about accelerating inflation.
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The Federal Reserve Board of Governors member Waller supports another interest rate cut at the December meeting due to concerns about the slowdown in the labor market and employment. He believes that an interest rate cut would help alleviate economic pressure, especially for low- and middle-income consumers, while he has no concerns about accelerating inflation.