Fed’s Waller says labor market is weaker than it looks, justifying interest-rate cut this month


Federal Reserve Governor Christopher Waller on Thursday laid out the argument he is going to make in two weeks to his central bank colleagues — cut interest rates now because the labor market is weaker than you think, and inflation from higher tariffs isn’t a worry.

You May Also Like

Synopsys says to forget what it said last night. It did get a government letter about exports to China.

Shares of Synopsys took a sharp U-turn into the red on Thursday…

Super Micro leads S&P 500 losers to cap turbulent month for AI stocks

Super Micro Computer Inc.’s stock tumbled 7% Friday to lead S&P 500…

Trump officials paused, then resumed immigration raids in key economic sectors. Industry leaders say they’re still hopeful about making their case.

But one immigration expert says he doesn’t expect any longer-term administration shift…

What happens if your student loans are in default as debt collection restarts?

Borrowers in default could see their wages garnished or Social Security benefits…