Christopher J. Waller, who was appointed by President Trump, said the central bank should not wait for the labor market to weaken.
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Christopher J. Waller, who was appointed by President Trump, said the central bank should not wait for the labor market to weaken.
By Tony Romm
The central banker said he and his colleagues should move slowly but start to ease as inflation is now longer a major threat.
"I think we need to start cutting rates at the next meeting," Waller said. "We don't have to go into a lock sequence of steps."
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