Fed's Waller says inclined at this point to cut rates

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 that view.
Fed's Williams Says Rate-Cut Timing Will Depend on Data
New York Fed President John Williams said Monday that more interest-rate cuts will be needed, but that the right timing would depend on upcoming data.
Fed's Waller says inclined at this point to cut rates in December
Federal Reserve Governor Christopher Waller said on Monday he was inclined to cut the benchmark interest rate at the Dec. 17-18 meeting as monetary policy remained restrictive enough to keep putting downward pressure on inflation,
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. "Based on the economic data in hand today and forecasts that show that inflation will continue on its downward path to 2 percent over the medium term,
Fed’s Waller Is Leaning Toward a December Rate Cut
The central bank governor said that while the recent uptick in inflation does raise concerns that price growth could get stuck above the Fed’s 2% goal, he doesn’t want to overreact.
Fact check: Bernie Sanders said inflation-adjusted wages are lower now than 50 years ago
Vermont Sen. Bernie Sanders said inflation-adjusted weekly wages "are lower today than they were 50 years ago." ...
Wall Street stocks end lower after inflation data, tech stocks push Nasdaq down
Wall Street's main indexes closed lower on Wednesday, with the Nasdaq leading declines, as technology stocks slumped on ...
Understanding the impact of inflation on consumer spending
While U.S. headline inflation has decreased compared to 2022 and 2023, price increases continue to be a concern for many ...
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Breaking: US Inflation Data Comes In At 2.3%, What Next For Bitcoin?
The US inflation data has come in at 2.3% YoY, as expecteda development which could have a significant impact on Bitcoin.
S&P 500, Nasdaq extend declines after October inflation data
The S&P 500 and the Nasdaq extended declines on Wednesday as investors assessed an in-line inflation report, although the ...
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US Fed officials see inflation fight as broadly on track
The US appears on track to hit its long-term target of two percent inflation despite a recent uptick, two Federal Reserve ...
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S&P 500 and Dow Jones: US Indices Slip as Inflation Data Looms Large
A cooler-than-expected figure could reinforce expectations that inflation is moderating, potentially influencing the Fed’s future rate decisions. This data comes at a time when the central bank ...
Stock market today: Indexes traded mixed as investors await fresh inflation data
Traders are eyeing potentially hotter inflation, and dialing back their bets for Fed rate cuts into next year.
South African rand firms after producer inflation data, central bank review
The South African rand strengthened on Thursday, after the release of October producer inflation data and the central bank's ...
Peru Inflation Remains Within Target For Eighth Straight Month
Inflation in Peru’s capital stayed within the central bank’s target band in November for the eighth straight month, according ...