Waller's Rate Cut Hint: Proceed with Caution
Update: 2025-10-16
Description
Is a Fed rate cut this month a done deal? Top Fed official Chris Waller just signaled a possible slowdown in rate cuts despite market expectations. Waller, a potential future Fed Chair, is torn between strong economic growth and a weakening job market, urging caution and a measured approach. With delayed government reports and conflicting data, the Fed faces a tough call on balancing inflation and economic stability.
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