Waller Warns of Mixed Labor Signals as Fed Weighs March Move
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.
