This headline from Barron's following Fed Board Governor Waller's comments earlier:Why the Fed Is Delaying Interest-Rate Cuts: Waller (gated) The leading paragraphs hammer the message home:A stretch of stronger-than-expected economic and inflation data so far this year argues for delaying cutting the federal-funds rate, according to Federal Reserve Gov. Christopher Waller. “I see economic output and the labor market showing continued strength, while progress in reducing inflation has slowed,” Waller said at a Wednesday evening event in New York organized by the Economic Club of New York. “Because of these signs, I see no rush in taking the step of beginning to ease monetary policy.”There is
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