Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.
Fed policymakers signal open mind on rate cut this month
Two Federal Reserve policymakers on Tuesday said they believe inflation is heading down to the U.S. central bank's 2% target and the job market is "solid," even as neither gave any clear steer on whether they'll support another interest rate cut later this month.
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.
Stock market today: Stocks climb to record highs as Fed members point to December rate cut
"At present, I lean toward supporting a cut to the policy rate at our December meeting," Christopher Waller, a Federal Reserve governor, said Monday.
Fed's Waller Says He Is Inclined to Cut Rates in December
A further quarter-point cut in December has been expected, but recent inflation data raised concern that progress may have stalled. One key measure, the personal consumption expenditures price index stripped of food and energy costs, has been mired in a range from 2.6% to 2.8% since May, well above the Fed's 2% target.
Fed's Daly: 'Open mind' about December, but direction of interest rates is down
The Federal Reserve's benchmark rate is going to continue to move lower over time, regardless of what the central bank decides to do at its December meeting, San Francisco Fed President Mary Daly said,
A top Fed official leans toward December rate cut but says it depends on economic data
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.
Fed's Waller tentatively backs December rate cut
Fed Gov. Christopher Waller said he was leaning toward supporting a rate cut at the FOMC meeting later this month. In a speech to economists, Waller said the ultimate decision will depend on whether the data that will be received before Dec.
Fed’s Waller Leans Toward Favoring December Rate Cut
Federal Reserve governor Christopher Waller said he was leaning toward favoring a cut in interest rates at the central bank’s meeting later this month, though he also said he could be open to arguments for holding rates steady.
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Fed Leans Toward A December Interest Rate Cut
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Fed’s Kugler Credits Strong Economy to These 2 Supply-Side Factors
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Fed's Kugler says inflation on path to 2% target, job market is solid
U.S. inflation is likely on a steady path back to the U.S. central bank's 2% target, Federal Reserve Governor Adriana Kugler ...
Fed’s Kugler Says Inflation Still on Sustainable Path to 2% Goal
Federal Reserve Governor Adriana Kugler expressed optimism about the trajectory of inflation and broader economic conditions, ...
Fed’s Kugler Credits 'Positive Supply Shocks' for Solid Economic Performance
Federal Reserve governor Adriana Kugler credited the U.S. economy’s ability to maintain solid growth with cooler inflation ...
Wall St muted with focus on more data, Fed commentary
Wall Street's main indexes were subdued in choppy trading on Tuesday after the S&P 500 and the Nasdaq notched record high ...
Fed’s Daly Says December Aside, Rates Should Continue Falling
Federal Reserve Bank of San Francisco President Mary Daly said an interest-rate cut this month isn’t certain but remains on ...