Fed Governor Waller drops rate cut call over oil shock
Fed Governor Christopher Waller dropped his plan to seek a rate cut after an oil shock raised inflation risks. He now favors caution as energy prices climb.
Xurve View
Xurve View
Federal Reserve Governor Christopher Waller revealed on Wednesday that he had initially intended to advocate for an interest rate reduction during this week's central bank meeting in the United States. His initial stance was driven by disappointing labor market data from February, which indicated a loss of 92,000 jobs.
