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Waller, in the running for chair, says Fed should cut in September

Waller, in the running for chair, says Fed should cut in September
business9/3/2025

"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."

Federal Reserve Governor Christopher Waller, a candidate to take over from Jerome Powell as chair in 2026, on Wednesday voiced his support for starting a rate-cutting cycle in two weeks and said the central bank has the flexibility to adjust that pac... [1822 chars]