Fed’s Waller on Careful Rate Cuts, Labor Market Concerns, AI

Bloomberg•Thursday, October 16, 2025 at 12:46:20 PM

Federal Reserve Governor Christopher Waller has indicated that the central bank is prepared to continue lowering interest rates in small increments to support a struggling labor market. He expressed concerns about the current state of the labor market, highlighting the differences between households and businesses, and noted that advancements in AI could represent a significant shift in the labor landscape. This discussion is crucial as it reflects the Fed's approach to economic challenges and the potential impact of technology on employment.

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