Fed’s Waller: January jobs data an upside surprise, if it continues a policy pause may be appropriate

February 23, 2026 at 08:07AM

Fed’s Waller: January jobs data an upside surprise, if it continues a policy pause may be appropriate

Fed official says January jobs data were stronger than expected, suggesting labor market resilience. He notes that if February wages and payroll gains confirm a solid footing, a policy pause could be appropriate at the March meeting.

He emphasizes the possibility of keeping rates unchanged if labor market momentum persists and inflation signals remain contained. The overall stance remains data-dependent, with watchful eyes on upcoming data to guide decisions.