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Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure

Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait for the labor market to weaken to reduce interest rates. [Source]

Publication Date:

Origin: nytimes.com

Category: Banking and Financial Institutions

Topics: rates, interest, reduce, weaken, market, labor, should, Reserve, Federal, central, chair, contender, potential, Waller, Christopher, Pressure, Ramps, Trump, Backs, Official

Source: https://www.nytimes.com/2025/07/17/business/fed-rate-cut-waller-powell-trump.html

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