Federal Reserve governor backing quarter-point cut next month

Fed’s Waller backs a series of interest-rate cuts over the next six months

Federal Reserve governor Christopher Waller on Thursday said he now supports a series of interest-rate cuts beginning in September, with the pace of subsequent moves driven by the incoming data.

Christopher Waller Supports 25 Bps September Cut After Dissenting For Same In July: Economist Asks Why Not 50 Bps This Time?

Fed's Christopher Waller backs a 25 bps rate cut for September due to a weak labor market, but an economist asks why not a 50 bps cut?

Fed's Waller sees rate cuts over next 3-6 months, starting in September

Federal Reserve Governor Christopher Waller on Thursday said he wants to start cutting U.S. interest rates next month and "fully expects" more rates cuts to follow to bring the Fed's policy rate closer to a neutral setting, stepping up his call to lower short-term borrowing costs.

US Fed’s Waller sees rate cuts over next 3-6 months

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Federal Reserve governor backing quarter-point cut next month

Related video: Sunrise’s Trevor Shirley on Trump’s FIRING of Fed. Reserve’s Lisa Cook | SUNRISE Federal Reserve board of governors member Christopher Waller re-upped his support for an interest rate cut in September, expressing openness to additional cuts in the next three to six months to prevent the labor market from tumbling.  “Based on what…