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.

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Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation

Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."
CNBC - 1d
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.
NBC News - 1d
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.
MarketWatch - 1d
Top Fed official warns progress on taming US inflation ‘may be stalling’

Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic data
Financial Times - 1d
Fed commentary, Foot Locker, ADP jobs data: What to Watch

Federal Reserve Chair Jerome Powell will be releasing a fresh round of commentary alongside St. Louis Fed President Alberto Musalem and Richmond Fed President Tom Barkin. The central bank is set to ...
Yahoo Sports - 11h
Central banks should tread cautiously with rate cuts, says OECD

Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludes
Financial Times - 28m
Top US Consumer Watchdog Has a Plan to Fight Predatory Data Brokers

A new proposal by the Consumer Financial Protection Bureau would use a 54-year-old privacy law to impose new oversight of the data broker industry. But first, the agency must survive Elon Musk.
Wired - 20h