Federal Reserve Governor Christopher Waller’s base case calls for a gradual decline in interest rates over the coming year.

Citing recent data showing an uptick in inflation and a U.S. economy and labor market that are stronger than previously thought, Federal Reserve Governor Christopher Waller on Monday called for "more caution" on interest-rate cuts ahead.

Federal Reserve Governor Christopher Waller is calling for "more caution on the pace of rate cuts than was needed at the ... Even so, Waller's base case is for the Fed to cut rates gradually over the next year. Per the median projection of the September ...

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Federal Reserve Governor Christopher Waller said recent economic data signals policymakers can approach subsequent interest-rate reductions with less urgency than they applied at their gathering last month.

Federal Reserve governor Chris Waller said Monday that the central bank needs to proceed with 'more caution' when cutting rates, as some of his other colleagues argue for a gradual pace of modest cuts going forward.

THE US Federal Reserve should be more careful with its pace of rate cuts than it was in September, a senior bank official said on Monday, pointing to “disappointing” recent inflation data. Read more at The Business Times.

By Ann Saphir Palo Alto, California (Reuters) -Citing a recent uptick in inflation and data showing the U.S. economy and labor market are stronger than previously thought, Federal Reserve Governor Christopher Waller on Monday called for "more caution" on interest-rate cuts ahead.

Federal Reserve Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September as he expressed concern that the economy could still be running at a hotter-than-desired pace.

"I view the totality of the data as saying monetary policy should proceed with more caution on the pace of rate cuts than was needed at the September meeting," Federal Reserve Governor Christopher Waller says at a conference at the Hoover Institution in Stanford,