Federal Reserve Board member Waller speaks: employment stagnation, expected to improve by 2026, pace of rate cuts will remain moderate

【Blockchain Rhythm】Federal Reserve Board Member Waller recently revealed some noteworthy signals. U.S. job growth has essentially stalled, with almost zero growth, which is an important observation point for the market.

Interestingly, Waller remains cautious about the impact of artificial intelligence on employment—it’s still uncertain to what extent AI will reshape the employment landscape. However, he is relatively optimistic that, thanks to productivity improvements, the employment outlook by 2026 could improve.

Regarding inflation, the official stance is that inflation is unlikely to accelerate again, and this expectation has remained stable. The current data on the employment market also supports the Federal Reserve’s continued rate cuts. Waller emphasized that the Fed can proceed at a moderate pace without taking aggressive measures. This prudent policy approach will have chain reactions across various asset markets.