18 July | Dollar

Fed’s Waller calls for rate cuts as labor market cools

Fed’s Waller calls for rate cuts as labor market cools

US Fed Governor Christopher Waller suggests cutting interest rates in July. He argued this move is needed to support the economy as the labor market shows signs of cooling. Since inflation is close to target, and unlikely to surge, lowering borrowing costs sooner makes sense, he argues.

As Waller notes, labor market data shows slowing job and wage growth. Delaying rate cuts further could worsen labor conditions, making it harder for the regulator to meet its goals. The economy increased just 1% in the first half of the year, and Waller expects it to slow further.

Though most Fed policymakers want to hold rates steady over tariff-inflation fears, Waller calls this a short-term issue and urges immediate cuts. He says future decisions will depend on new data, but stresses the need to act early to prevent deterioration.

Period: 24.12.2025 Expectation: 800 pips
NVIDIA stock set to bottom out as bears loosen their grip
Today at 11:33 AM 16
Period: 26.12.2025 Expectation: 600 pips
Correction looms for EURUSD with 1.17 as key target
Today at 11:11 AM 11
Gold buy
Period: 31.01.2026 Expectation: 23000 pips
Bolster gold purchases when it climbs above $4,370
Today at 09:56 AM 20
Period: 31.01.2026 Expectation: 14000 pips
Buying Bitcoin up to $100,000 resistance
Today at 09:56 AM 6
Period: 24.12.2025 Expectation: 800 pips
USDCAD finds support despite negative fundamentals
Today at 07:16 AM 8
Brent sell
Period: 31.01.2026 Expectation: 120 pips
Brent crude selloff targets $58.7
Yesterday at 11:43 AM 35
Go to forecasts