Fed's Waller tentatively backs Dec. rate cut

CME shows 67% chance of Fed rate cut in December
The US traditional financial market continues to surge, with the S&P 500 ($SPX) reaching new all-time highs last week. November’s rally was one of the strongest on record as to generated a 3.42% gain.
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
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 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.
Markets Weekly Outlook - U.S. Dollar's Fate Hinges On NFP As Fed Rate Cut Looms
The performance of Wall Street Indexes is reflected in fund flow data with investors pumping a substantial $12.19 billion ...
Treasuries Slip as Market Braces for Big Data Week, Fed Speakers
US Treasuries pared early losses on Monday as traders awaited a hefty week of economic data and speeches from Federal Reserve ...
Fed minutes may show start of debate over how far to go on rate cuts
Federal Reserve officials say they are likely to keep reducing interest rates for now, and investors still expect them to do ...
Federal Reserve Rate Cuts Loom, Cbibank Empowers Trade Enterprises
VA, UNITED STATES, November 20, 2024 /EINPresswire / -- November 19, Goldman Sachs Asset Management released its annual report, Asset Management Outlook 2025: Reasons to Recalibrate, forecasting that ...
The Associated Press - Business News on MSN11d
Federal Reserve's likely slowdown in rate cuts could disappoint borrowers
the Fed appeared on track to steadily cut interest rates WASHINGTON -- Just a few weeks ago, the path ahead for the ...
Inflation is Back in Focus as Trumponomics Looms Large Over Global Trade
Investors are bracing for the latest data as the president-elect’s economic agenda of cutting immigration and taxes, while raising tariffs takes shape.
AMBCrypto12h
Institutional Bitcoin sales loom large: $90K to be the next local bottom?
Concerns over potential institutional sell-offs, fueled by heightened volatility, could position $90K as a crucial local ...
Bisnow5d
Key Fed Inflation Metric Rises As Trump's Tariffs Loom
The personal consumption expenditures index increased 2.3% from a year ago, an early indicator that inflation remains sticky.
FXEmpire.com4d
Dax Index News: German Inflation Looms Large Over DAX Forecast Today
US inflation data fuels uncertainty over Fed rate cuts, with personal income and spending beating expectations. ECB ...
Treasuries Drop as Market Braces for Big Data Week, Fed Speakers
US Treasuries fell on Monday as traders awaited a hefty week of economic data and speeches from high-profile Federal Reserve ...
China Firms’ FX Debt Slump Cuts Yuan Risks as Trump Tariffs Loom
Chinese companies’ foreign-currency debt load has shrunk significantly, reducing a key source of vulnerability as the yuan ...