Fed's Waller Suggests PCE Inflation May Be Overstated, Revisions Could Lower Figures
6 Articles
6 Articles
Fed Chair Christopher Waller is injecting hope into the market with his optimism about falling inflation, contradicting the recent tough signals from Fed Chairman Kevin Warsh.
Fed's Waller: Underlying inflation might be lower than we think
Federal Reserve Gov. Christopher Waller said an upcoming change to the Personal Consumption Expenditures index could show ongoing improvement in prices, building the case for leaving interest rates unchanged.
The Dow rises by 0.5 percent in early trade to 53,347 points.
(Teleborsa) - The U.S. lists share positives in the wake of statements by Christopher Waller. The Federal Reserve official said that "although inflation remains...
Fed’s Waller suggests PCE inflation may be overstated, revisions could lower figures
Potentially lower inflation figures could ease monetary policy pressures, increasing the likelihood of future interest rate cuts by the Fed. The post Fed’s Waller suggests PCE inflation may be overstated, revisions could lower figures appeared first on Crypto Briefing .
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