Christopher Waller steps into spotlight
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Federal Reserve Governor Christopher Waller, on the short list to succeed Fed Chair Jerome Powell next year and scheduled to be interviewed for the job by President Donald Trump on Wednesday, said he would "absolutely" defend the U.
U.S. President Trump is set to announce a new Federal Reserve chair who favors significantly lower interest rates. Potential candidates include Kevin Hassett, Kevin Warsh, and Chris Waller. Trump emphasizes the need for lower mortgage rates,
Federal Reserve Gov. Christopher Waller said monetary policy must remain insulated from political pressure, arguing that communication with the White House should be limited. Waller is slated to meet with President Trump Wednesday afternoon.
Federal Reserve governor Christopher Waller, who is on President Donald Trump’s shortlist to become the next Fed chair, said inflation is going to soften in the coming months, and that there is room for substantial rate cuts.