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Independent Journal Review50m
Fed Official Calls For Rate Cut Amid Ongoing Pressure From Trump
Federal Reserve Gov. Christopher Waller on Thursday called for the central bank to cut interest rates in July. Waller said
One of Trump's top picks for Fed chair doubles down on rate cut demands
Governor Christopher Waller's comments come as tensions between Fed Chair Jerome Powell and President Donald Trump have reached a boiling point in recent days.
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Federal Reserve Governor Christopher Waller hints at July dissent as he makes case for rate cut
Waller restated the case he first revealed in a Thursday speech that the Fed should cut when policymakers gather later this month, given data suggesting the US labour market is “on the edge.”
Fed officials grow more outspoken—and split—over interest rate cuts
Some officials want a July cut to protect the labor market, while others want to wait because they anticipate more inflation coming.
A top Fed official, considered a candidate to replace Powell, keeps calling for a rate cut this month
A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data showing ongoing resilience in the US economy and other central bankers pushing to keep rates steady.
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US stocks open in the green: S&P 500, Nasdaq hit fresh record highs
The S&P 500 scaled another record high early on Friday, extending weekly gains as earnings optimism continued to buoy investor sentiment.
Governor Waller Gets Candid About Fed's Balance Sheet Mismatch And Losses
Fed Governor Waller discusses balance sheet challenges, QT into 2029, and risks to Fed independence. Read the implications for markets if Powell leaves the Fed.
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