Fed, Waller and inflation
Fed's Waller backed a half-point cut, citing faster-than-expected inflation slide - report
Federal Reserve Governor Christopher Waller said Friday he backed a 50-basis-point interest-rate cut at this week's Federal Open Market Committee meeting, citing a steeper-than-expected decline in inflation.
NY Fed report finds mostly stable inflation expectations in August
The U.S. public's outlook for inflationary pressures was little changed last month amid an ongoing retreat in current price pressures, according to a report released on Monday by the New York Federal Reserve.
The latest inflation report keeps the Fed on track for a quarter-point rate cut. Wall Street isn't satisfied.
The paltry CPI report means the Fed will likely only cut interest rates by a quarter percentage point. Wall Street, for whatever reason, isn't cheery.
Fed’s Waller Says Slowing Inflation Led Him to Support Large Rate Cut
Federal Reserve Governor Christopher Waller said favorable inflation data, and not worries about the labor market, are what convinced him to support policymakers’ decision to lower interest rates by a half percentage point this week.
Fed's Waller: Weak inflation data cemented case for 50 basis point cut
U.S. Federal Reserve Governor Christopher Waller, one of the more ardent voices in the central bank's battle to hike interest rates to tame inflation, said he supported a larger rate cut this week because he is now worried the pace of price increases is undershooting the Fed's target.
Fed’s Waller Sees More Rate Cuts, Inflation Below 2%, and a Strong Economy Ahead
We’re at a point where the economy is strong, inflation is coming down, and we want to keep it that way,” Waller said during an interview with CNBC on Friday. Waller has se
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Federal Reserve Governor Christopher Waller joins CNBC’s 'Money Movers' to discuss rate cuts, softening inflation, and more.
Oil prices fall as Fed rate cut stirs economic worries, storage report mixed
Oil fell on Wednesday after two sessions of gains after an industry report showed increasing U.S. crude and fuel inventories, ...
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Fed’s Jerome Powell admits ‘we might well have’ cut rates in July if it knew about jobs report
Jerome Powell’s Fed cut rates by a half-percentage point. ZUMAPRESS.com The Labor Department’s jobs report for July, which was released days after the Fed’s July 30-31 meeting, showed the ...
Federal report on Surfside collapse won’t be released until 2026. What’s taking so long?
Delays in the federal probe into what caused the deadly Champlain Towers South condo collapse in 2021 mean a draft report on ...
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Investor focus turns to data, election, earnings after Fed cut
A roaring rally in U.S. stocks will face a gauntlet of economic data, looming political uncertainty and a corporate earnings ...
Toronto housing plan needs more fed, provincial funding: report
Toronto has been making progress on its housing targets, but according to an update on the city's two affordable housing ...
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Fed goes with half-point interest rate cut. What that means.
The Fed’s preferred inflation measure, though, has been tamer. Barclays estimates a report later this month will show it fell from to 2.2% in August from 2.5% the previous month while the core ...
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Federal review of Uvalde shooting finds Border Patrol missteps but does not recommend discipline
Federal officials said the report aimed to determine if agents complied with relevant rules and laws, and if anything could improve their performance in the future. The report catalogs an array ...
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FedEx admits first quarter tougher than expected in disappointing earnings report
The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.
Social Security Pays Wrong People $22.8 Million: Fed Report
Representative payees have received millions of dollars in incorrect payments, according to the findings of a federal audit.