NextFin news, Federal Reserve Governor Christopher Waller stated on Friday, October 10, 2025, in an interview with CNBC that the U.S. job market continues to show signs of weakness based on private data sources. He emphasized that the Federal Reserve can respond to this labor market softness by implementing normal-sized interest rate cuts.
Waller's remarks come amid ongoing economic concerns as the Fed balances its dual mandate of promoting maximum employment and stable prices. He suggested that the central bank does not need to resort to unusually large rate cuts to support the labor market, implying a measured approach to monetary policy adjustments.
The comments were made in Washington, D.C., where the Federal Reserve is closely monitoring economic indicators to guide its policy decisions. Waller's perspective reflects a cautious optimism that targeted, moderate rate reductions can help stabilize employment without risking inflationary pressures.
Waller also discussed his recent interview for the position of Federal Reserve Chair, describing it as positive and not politically motivated, according to a Reuters report on the same day.
His statements provide insight into the Fed's potential future actions as it navigates a complex economic environment characterized by labor market challenges and inflation concerns.
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