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Fed’s Waller wants more evidence inflation is cooling before cutting interest rates

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Fed's Waller wants more evidence inflation is cooling before cutting interest rates

Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23, 2022.

Al Drago | Bloomberg | Getty Images

Federal Reserve Governor Christopher Waller said Thursday he will need to see more evidence that inflation is cooling before he is willing to support interest rate cuts.

In a policy speech delivered in Minneapolis that concludes with the question, “What’s the rush?” on cutting…

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