Fed's Waller: Not a lot has modified over the past six weeks

• Fed interview process is going well
• Had a great interview for Chair
• Have not spoken to the President
• Cutting rates again is the right thing to do
• Don’t want to make a policy mistake, moving carefully in 25 bps increments
• Private sector data are telling a consistent story of a weak labour market
• Tariff uncertainty and wondering what AI might do for productivity has kept CEOs reluctant to hire
• Financial markets are a puzzle

This article was written by Giuseppe Dellamotta at investinglive.com.