Federal Reserve's Waller: Job Market Signals Fed Should Keep Cutting Rates

BlockBeats News, December 17th, Federal Reserve Governor Waller stated that U.S. job growth is close to zero. It is still unclear what impact artificial intelligence will have on the job market. Due to productivity growth, the employment situation in 2026 may be better.

It is expected that inflation will not accelerate again. The labor market indicates that the Federal Reserve should continue to cut interest rates. The Federal Reserve can act at a moderate pace without taking drastic action. (FX168)