In a speech to the National Association for Business Economics, Waller said he was focused more attention on the labor market. Waller has been pressing the Fed to continue cutting rates, saying he was worried the labor market was weakening. Waller dissented from the Fed's decision to pause at its January meeting after three straight rate cuts. Waller said he was surprised when the Labor Department reported a surprising 172,000 private sector jobs were created in the first month of the year. Waller said he has some concerns the strong January jobs report could turn out to be "more noise than signal." But he added he ... (full story)