Fed's Waller says he is inclined to cut rates

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. Waller cited recent data indicating that progress on inflation may be "stalling.
Fed's Waller Says He Is Inclined to Cut Rates in December
A further quarter-point cut in December has been expected, but recent inflation data raised concern that progress may have stalled. One key measure, the personal consumption expenditures price index stripped of food and energy costs, has been mired in a range from 2.6% to 2.8% since May, well above the Fed's 2% target.
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.
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.
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 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.
Fed's Waller Says He's Inclined to Vote for a Rate Cut
"At present I lean toward supporting a cut to the policy rate at our December meeting," Federal Reserve Governor Christopher Waller says at a conference on the Fed's framework review in Washington sponsored by the American Institute for Economic Research.
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Everyday Economics: Is a Fed rate cut still in the cards for December?
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New York Fed’s Williams Says Rate-Cut Timing Will Depend on Data
Federal Reserve Bank of New York President John Williams said Monday more interest-rate cuts will be needed, but that the ...
Fed minutes may show start of debate over how far to go on rate cuts
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower ...
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Will December Fed Rate Cut Help Bitcoin Breach $100K Resistance?
Officials hinted at upcoming Fed rate cuts during the monetary policy meeting on Monday which can fuel Bitcoin price rally ...
Fed Kept Options Open on Rate Cuts, Minutes Show
The account of the central bank’s Nov. 6-7 meeting, released on Tuesday, showed that Fed officials still planned to cut ...
Profit outlook contradicts estimates for rate cuts: Societe Generale
Investors face a contradiction going into 2025 as they expect the Federal Reserve to cut interest rates and for U.S.