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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.
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.
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.
CPI report for August: Higher 'core' inflation might limit Fed rate cut
Until very recently, the two main barometers of U.S. inflation were following different paths and showing a bigger split. Not anymore. The Federal Reserve's preferred PCE price index had slowed more sharply over the past year,
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.
3d
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, ...
3d
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 ...
13d
What The Fed Might Do After The August Inflation Report
The inflation is the second of two closely watched reports. Find out what the Fed might do after the August inflation report.
WTVD
7d
Inflation cooling, report shows, as Federal Reserve prepares to meet next week
Consumers are still price-conscious as costs for food, gas and housing remain high despite encouraging economic news.
4d
Cigna Sues Federal Trade Commission Over ‘Defamatory’ Report
Cigna Group’s Express Scripts sued the US Federal Trade Commission over a recent report that the company said demonizes ...
dailymemphian
1d
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.
Albuquerque Journal
3d
Report: Intel in Rio Rancho could benefit from new chips deal with federal government
It isn’t clear if the new contract with the federal government, which will provide $3 billion in direct funding to Intel, ...
Parkersburg News and Sentinel
3d
Report: West Virginia benefits from billions in federal spending
CHARLESTON — West Virginia returned to its pre-COVID rank for the balance of payments received from the federal government according to one annual report, while another report released last week ...
17h
Federal Trade Commission finds social and video streaming services pose serious privacy risks
A Federal Trade Commission (FTC) report found that social and video streaming services pose serious privacy risks, especially ...
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