Check out this headline: “Why the Fed Is Delaying Interest-Rate Cuts: Waller”

This headline from Barron’s following Fed Board Governor Waller’s comments earlier:

The leading paragraphs hammer the message home:

  • A stretch of stronger-than-expected economic and inflation data so far this year argues for delaying cutting the federal-funds rate, according to Federal Reserve Gov. Christopher Waller.
  • “I see economic output and the labor market showing continued strength, while progress in reducing inflation has slowed,” Waller said at a Wednesday evening event in New York organized by the Economic Club of New York. “Because of these signs, I see no rush in taking the step of beginning to ease monetary policy.”

There is more at the article. I had Waller cover in these posts:

This article was written by Eamonn Sheridan at Source