PANews reported on July 18 that according to Jinshi, Fed Governor Waller said concerns about private sector hiring prompted him to call on the Fed to cut interest rates this month. In an interview on Friday, Waller said: "The private sector is not doing as well as everyone thinks. "The June employment report released in early July showed that despite the decline in the unemployment rate, private sector job growth has slowed sharply and wage growth has also slowed. However, Waller declined to say whether other policymakers would disagree if they decided not to cut interest rates when they met in Washington on July 29-30.

In addition, Waller said that if Trump invites him, he will be happy to become the chairman of the Federal Reserve, but has not yet made contacts.