Waller said that the current level of rates is still putting downward pressure on growth. He said the Fed could cut rates by “50 to 100 basis points” to get rates down below 3%. That’s the level that ...
Waller says policy remains 50–100 bps above “neutral,” allowing further cuts. Labor market is “softening,” but Waller favors a gradual rate-cut pace. Stance contrasts with Powell, who sees policy near ...
The Fed has cut rates three times this year to a range of 3.5 to 3.75 per cent. But policymakers have been divided over the reductions as they debate whether to prioritise risks to inflation or the ...
Federal Reserve governor Christopher Waller is signaling that the long fight against inflation may finally be turning a corner, and that relief on borrowing costs could follow sooner than markets once ...
Officials at the central bank have splintered over whether rising unemployment or elevated inflation poses the bigger ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Anthony Bansie: Here's your midday brief for Wednesday, December 17th. I'm ...
Federal Reserve Governor Christopher Waller said Wednesday that interest rates remain too high for a slowing job market, laying out the case for further cuts hours before President Trump is set to ...
NEW YORK, Dec 17 (Reuters) - Federal Reserve Governor Christopher Waller said on Wednesday the U.S. central bank still has room to cut interest rates amid rising job market weakness. "I still think we ...