Fed's Waller says inclined at this point to cut rates in December
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Governor Christopher Waller said on Monday he was inclined toward a cut in the benchmark interest rate at the central bank's Dec. 17-18 meeting as policy remained restrictive enough to keep putting downward pressure on inflation,
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again on December 18 to 4.25% to 4.5%, according to fixed income markets.
Why Powell and the Fed should pause interest-rate cuts in December
The conventional wisdom among economists and traders is that the Federal Reserve is going to cut its benchmark interest rate by another quarter of a percentage point on Dec. 18, and then pause at its first meeting in 2025.
Fed's Waller leans toward December rate cut, sees more cuts over next year
Federal Reserve Governor Christopher Waller expects rate cuts to continue over the next year "until we approach a more neutral setting of the policy rate," he said in prepared text for a speech at the American Institute for Economic Research on Monday.
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.
Fed's Waller leaning toward rate cut but open to a 'skip'
Federal Reserve Gov. Christopher Waller, a Trump appointee, said that while recent inflation readings are concerning, monetary policy would remain restrictive even if the central bank cuts interest rates by another quarter-point this month.
The Case Weakens For Another Fed Rate Cut This Month
The case for another rate cut this month is fading. Some nowcasting models are anticipating that Q4 GDP will accelerate compared with the strong Q3 rise. Read more
Fed Warns Rate Cuts Aren’t Guaranteed
At the Queens Chamber of Commerce, Williams explained that the Fed is reducing rates because “while growth in demand has been strong, growth in supply has been even stronger.” They have thought that by allowing more economic activity with lower rates, the overall economy could come back into balance.
December interest rate cut depends on inflation, Fed official says
Inflation, which had cooled from its higher levels in recent years, rose by 2.6% in October, a small jump after the Fed cut interest rates in September, according to CBS News. Despite this, two-thirds of surveyed economists agreed the Fed is still predicted to cut rates for a third time this year.
Fed's Powell says Trump's plans for tariffs, immigration won't impact interest rate move
Fed chief Jerome Powell said President-elect Donald Trump's tariff threats won't affect an interest rate decision this month.
US inflation up anew; Fed still set to cut rates
US consumer prices increased in November by the most in seven months, but the Federal Reserve (Fed) was still expected to deliver a third consecutive interest rate cut next week to support a labor market that has been cooling.
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