PANews July 18 news, according to Jin Ten reports, Federal Reserve Governor Waller stated that concerns about private sector hiring prompted him to call for a rate cut by the Fed this month. On Friday, Waller said in an interview: 'The performance of the private sector is not as good as everyone imagines.' The employment report for June, released in early July, showed that although the unemployment rate has declined, job growth in the private sector has significantly slowed, and wage growth is also decelerating. However, Waller refused to disclose whether he would hold a different opinion if other decision-makers decide not to cut rates during their meeting in Washington on July 29-30.
In addition, Waller stated that he would be willing to serve as the Fed Chairman if Trump invited him, but no contact has been made.