Fed's Waller says he is inclined to cut rates

Fed's Waller says he is inclined 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’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.
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. Waller cited recent data indicating that progress on inflation may be "stalling.
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.
Rise In October Consumer Inflation Not Enough To Stop Fed Rate Cuts
Consumer inflation accelerated in October 2024. However, the odds of a Federal Reserve interest rate cut on December 18 are still high.
The Fed might not cut interest rates at all in 2025, Deutsche Bank economist says
"Unemployment is going to come down, growth is going to come up, inflation is going to come up," Deutsche Bank's chief US economist said.
Fed minutes may show start of debate over how far to go on rate cuts
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower rates."
Fed Kept Options Open on Rate Cuts, Minutes Show
The account of the central bank’s Nov. 6-7 meeting, released on Tuesday, showed that Fed officials still planned to cut interest rates further. But with the job market holding up better than expected and the economy growing at a solid clip, they are in no rush to slash them rapidly.
New York Fed’s Williams Says Rate-Cut Timing Will Depend on Data
Federal Reserve Bank of New York President John Williams said Monday more interest-rate cuts will be needed, but that the right timing would depend on upcoming data.
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
S&P 500 Rises To New High As Outlook For 2025 Rate Cuts Improves
A favorable consensus developed during the week of how the Fed's current series of rate hikes would extend into 2025. Click ...
Fed cites volatility, uncertainty as reasons to go slow on rate cuts
Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut ...
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 ...
Profit outlook contradicts estimates for rate cuts: Societe Generale
Investors face a contradiction going into 2025 as they expect the Federal Reserve to cut interest rates and for U.S.
Wall Street weekly outlook: Jobs data set to pave way for rates path, stocks
Stocks are heading into December with the benchmark S&P 500 near record highs following an over 25% year-to-date gain.
Gold dips on firm dollar, inflation data sparks caution on Fed rate cuts
Gold prices edged lower on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data ...
Gold Steady With Fed Rate Path and Ukraine Risks in Focus
Gold was steady amid thin trading due to the Thanksgiving holiday in the US, with investors weighing the outlook for Federal ...