- Says he supports a quarter- point cut in December
- Wealth of data pains 'actionable picture' of economy despite delay in official data
- Dour consumer sentiment lines up with reports of slackening demand
- Labor market weak, near stall speed
- Unlikely that any upcoming data including jobs report would change his view that another cut is in order
Waller is making his case to be the next Fed chair. The odds of a Dec cut ticked up slightly after this to 40%.
