Fed may cut rates sooner and faster than expected if disinflation holds up, Waller says
Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates sooner and faster than expected, Federal Reserve Governor Christopher Waller said on Thursday in comments that pushed against recent market moves that anticipate a shallower Fed rate path.
Traders move closer to 50% chance of May rate cut after comments by Fed's Waller
Fed-funds futures traders inched closer to an almost 50% chance that the Federal Reserve will cut its benchmark interest rate by May, after Fed governor Christopher Waller told CNBC he sees a possibility of three to four reductions this year.
Wall Street experienced a brief pause following a surge driven by positive bank earnings. Morgan Stanley reported a ...
U.S. government debt rallied for a third session on Thursday, pushing yields to their lowest closing levels in weeks, after Fed governor Christopher Waller opened the door to the possibility of three ...
US stock futures rose Thursday, lifted by a fresh slew of earnings releases and a revival of Federal Reserve policy-easing ...
Bank of America and Morgan Stanley earnings are out. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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