[Federal Reserve Governor Waller Advocates Moderate Rate Cuts, Promises to Emphasize Independence to Trump] One of the final candidates for the next Federal Reserve Chair, current Governor Waller, stated that the current job market is very weak, and employment growth is not optimistic. The Federal Reserve still has room for rate cuts. Waller supports further rate cuts to bring interest rates back to a neutral level, but policymakers do not need to rush to do so. Waller expressed strong confidence in stable inflation expectations and dismissed concerns about price pressures potentially accelerating again. Additionally, Waller confirmed that he would emphasize the Federal Reserve's independence during his meeting with U.S. President Trump.