Fed Chair Search and Economic Outlook

Fed Governor Christopher Waller discussed the search for the next Federal Reserve chair on CNBC’s ‘Squawk Box.’ He emphasized the challenges of making policy decisions without recent economic data while assessing the current state of the economy and the labor market’s health.

Rate Path Considerations

Waller also shared insights on the Fed’s potential rate path, highlighting the importance of monitoring economic indicators. He noted that decisions will rely heavily on incoming data to gauge the economy’s direction and labor market stability.