"As a big business owner looking at rates at 1% or 2%, I'm definitely saying, 'what do you know that I don't?'"

Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to boost a job market that looks to be weakening.

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later this month, with data showing fresh signs of higher inflation and President Donald Trump intensifying his demands for lower borrowing costs.

The president is gearing up for what could to be a lengthy legal process that won’t end anytime soon as the DOJ requests unsealed Epstein grand jury transcripts.