Fed’s Waller favors cautious 25bp cuts amid weak hiring, uncertain outlook

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Fed Governor Christopher Waller told Bloomberg that even without the official employment data, the available evidence points to a clear slowdown in hiring across the U.S. economy. He noted that private and survey-based indicators have been consistent in signaling weaker labor demand, reinforcing the view that the job market is losing momentum. Waller argued that […]The post Fed’s Waller favors cautious 25bp cuts amid weak hiring, uncertain outlook appeared first on Action Forex.