Fed’s Waller eyes interest-rate cuts this year, but not this month

The Federal Reserve should hold interest rates steady at its policy meeting in two weeks and wait to see if the signs of softening in the economy multiply or turn out to be a head fake, Fed governor Christopher Waller said on Thursday.

Topics

Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show

Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.
The New York Times - Feb. 20
Turkey cuts interest rates to 42.5% after inflation falls to 2-year low

Borrowing costs reduced for third month running after price rises ease to below 40% for first time since June 2023
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ECB cuts interest rate to 2.5%

Rate-setters shift tone, suggesting possible pause to reductions in borrowing costs
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Fed’s Barkin says interest rates may have to rise to combat inflation headwinds

Barkin said he understands that the fight against inflation has been long, but that “it is critical that we remain steadfast.”
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The Fed’s favorite tool to track inflation unlikely to offer ammo for reducing U.S. interest rates

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Fed’s Williams signals he’s content to hold interest rates steady at March meeting

U.S. interest-rate policy is in a good place and there is no need “to change it right away,” New York Fed President John Williams said on Tuesday.
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Vows by European leaders to increase borrowing to ramp up military spending have reshaped the fiscal picture that the central bank must confront.
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