The Latest Breaking News from Christopher Waller

The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with a first cut possible before July, a senior bank official said Thursday.

Asian stocks are mostly lower after U.S. stock indexes finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected

A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated inflation and the prospect of widespread tariffs

Christopher Waller says he's leaning toward another rate cut, but inflation levels could change his mind

Unrelated to past cycles, global central banks are easing monetary policy despite strong economic growth, high asset prices, and elevated inflation, highlights Bob Elliott, the chief investment officer at Unlimited Funds. Elliott also presents the underlying data in a thread on X (formerly Twitter) that reiterates these conditions.

On Monday, Dec. 2, 2024, Federal Reserve Governor Christopher Waller indicated he is "leaning toward" supporting an interest rate cut at the central bank's December meeting while acknowledging recent inflation data has raised concerns about price pressures stalling above the Fed's 2% target.

The US appears on track to hit its long-term target of two percent inflation despite a recent uptick, two Federal Reserve officials said Monday, with one indicating support for another rate cut this month.

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 that view

Wall Street wants the Fed to keep cutting to a normalized rate level. It might not happen as quickly as they’d like.