Waller Warns of Mixed Labor Signals as Fed Weighs March Move
TL;DR
Fed Governor Christopher Waller says January’s strong payrolls may be noise in a year that already showed weak job creation in 2025; underlying inflation sits near the 2% goal once tariff effects are stripped out, with tariffs likely having only a temporary impact. GDP is expected to grow above 2% in early 2026, but the next February data will determine whether the Fed holds rates or cuts 25 basis points at the March meeting, amid tariff uncertainty and a Supreme Court ruling that could influence near‑term prices.
- Speech by Governor Waller on the economic outlook Federal Reserve Board (.gov)
- Waller Weighs Supporting Fed Rate Pause if Labor Data Stabilize The Wall Street Journal
- Fed’s Waller Says March Rate Call Depends on Labor Market Bloomberg.com
- Fed's Waller says he could shift to holding rates steady if next jobs report comes in strong AOL.com
- Fed's Waller says rate cut in March is a 'coin flip' following a strong US jobs report 10tv.com
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