Coin World News reports that Federal Reserve Governor Waller stated that concerns about private sector hiring prompted him to call for an interest rate cut by the Federal Reserve this month. Waller said in an interview on Friday: "The performance of the private sector is not as good as everyone thinks." The employment report for June, released in early July, showed that although the unemployment rate has declined, job growth in the private sector has sharply slowed, and wage growth has also slowed. However, Waller declined to disclose whether he would oppose if other policymakers decide not to cut rates during their meeting in Washington on July 29-30. Additionally, Waller stated that he would be happy to serve as Federal Reserve Chairman if Trump invited him, but there has been no contact so far. [Coin World News]