Back to Fed governor waller campaigns for powell job while advocating Trump-favored rate cuts
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Waller warned that "when the labor market turns bad, it turns bad fast" to justify immediate rate cuts.
Explanation
True. Waller specifically said "When the labor market turns bad, it turns bad fast... So for me, I think we need to start cutting rates at the next meeting." This urgency argument supports his positio...
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Over what timeframe does Waller envision multiple Fed rate cuts occurring?
Easymultiple choiceWaller appeared on CNBC's "Squawk Box" to make his rate cut case while campaigning for Fed Chair.
Easytrue falseTRUE or FALSE: Fed Governor Christopher Waller is considered to be on Trump's short list to replace Jerome Powell as Fed Chair when Powell's term expires in 2026.
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