US EditionFed's Waller: December Cut Appropriate, but January Action More Uncertain
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7 Articles
Fed's Waller: December cut appropriate, but January action more uncertain
WASHINGTON: The job market is weak enough to warrant another quarter-point rate cut in December, though action beyond that depends on an upcoming flood of data delayed by the government shutdown, Fed Governor Christopher Waller said on Monday.
Market Consensus Rents 4 Unchanged opening (future Eurostoxx -0.2%, future American flats) after a positive start of week in the US (S&P +1%, Nasdaq +2.6%) supported by technology and a new increase in expectations of cutting Fed rates on December 10-December ( 75% probability) after the words of Waller (possibly Powell's successor), who also impell gold (yesterday +2%, and which is placed again at only 5% of historical peaks). Yesterday we hig…
The labor market is weak enough to justify another quarter-point cut in rates in December, although subsequent actions depend on an upcoming avalanche of data delayed by the closure of the government, said yesterday Federal Reserve Governor Christopher Waller. Since the Fed's last meeting, “most of the data from the private and anecdotal sector we have received indicate that nothing has really changed. The labor market is weak. It continues to w…
Christopher Waller says he wants a December rate cut and warns the Fed will need flexibility in January
The post Christopher Waller says he wants a December rate cut and warns the Fed will need flexibility in January appeared on BitcoinEthereumNews.com. Federal Reserve Governor Christopher Waller said on Monday that he wants a rate cut in December while speaking on Fox Business Network. Christopher said he is looking at weak job numbers, and he believes the central bank needs to move now, not later. He also said the Fed will likely switch to a “me…
The Week Ahead In Crypto: Federal Reserve Governor Christopher Waller Advocates For December Rate Cut - 99Bitcoins
The crypto market is eyeing a critical week ahead as Fed Rate cut odds fluctuate below 70%. However, Federal Reserve Governor Christopher Waller is leaning towards an interest-rate cut in December. Waller said, “My concern is mainly labor market, in terms of our dual mandate. So I’m advocating for a rate cut at the next meeting. You may see a more of a meeting-by-meeting approach once you get to January.” Critical economic data releases are set …
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