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Morningstar: Why the Fed Is Delaying Interest-Rate Cuts: 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."

READ MORE: Why the Fed Is Delaying Interest-Rate Cuts: Waller