Federal Reserve Governor Waller Open to Fed Chair Position

Waller's remarks highlight the Fed's focus on private sector hiring and economic indicators ahead of the upcoming policy meeting.

Summary

Fed Governor Christopher Waller urged for interest rate cuts this month due to concerns about private sector hiring, noting that job growth and wage growth have slowed. He remains open to serving as Fed Chair if invited by President Trump, although no such contact has been made yet.

Terms & Concepts