Fed’s Waller Is Leaning Toward a Dec. Rate Cut

Fed policymakers steer clear of December rate-cut guidance
U.S. central bankers on Tuesday said they continue to believe inflation is heading down to their 2% target and signaled support for further interest rate cuts ahead, but none pushed strongly for or against doing so when they next meet to set rates in two weeks.
A top Fed official leans toward December rate cut but says it depends on economic data
A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view.
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again to 4.25% to 4.5% on December 18 according to fixed income markets.
Fed's Waller Says He Is Inclined to Cut Rates in December
A further quarter-point cut in December has been expected, but recent inflation data raised concern that progress may have stalled. One key measure, the personal consumption expenditures price index stripped of food and energy costs, has been mired in a range from 2.6% to 2.8% since May, well above the Fed's 2% target.
Fed’s Daly Says December Aside, Rates Should Continue Falling
Federal Reserve Bank of San Francisco President Mary Daly said an interest-rate cut this month isn’t certain but remains on the table for policymakers.
Fed’s Waller Leans Toward Favoring December Rate Cut
Federal Reserve governor Christopher Waller said he was leaning toward favoring a cut in interest rates at the central bank’s meeting later this month, though he also said he could be open to arguments for holding rates steady.
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.
Everyday Economics: Is a Fed rate cut still in the cards for December?
The labor market, while slowing, remains resilient. Initial claims – an established predictor of changes in the level of unemployment – have been trending downward. The four-week moving average of initial claims has been falling since Oct.
Rise In October Consumer Inflation Not Enough To Stop Fed Rate Cuts
Consumer inflation accelerated in October 2024. However, the odds of a Federal Reserve interest rate cut on December 18 are still high.
Fed minutes may show start of debate over how far to go on rate cuts
Powell just a week after the meeting said the economy was "not sending any signals that we need to be in a hurry to lower rates."
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.
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Profit outlook contradicts estimates for rate cuts: Societe Generale
Investors face a contradiction going into 2025 as they expect the Federal Reserve to cut interest rates and for U.S.
Rate Cuts to Slow Down in 2025? ETFs to Add to Your Portfolio
Rising inflation worries have led to increased market expectations that the Fed will adopt a more cautious approach to its ...
Wall Street weekly outlook: Jobs data set to pave way for rates path, stocks
Stocks are heading into December with the benchmark S&P 500 near record highs following an over 25% year-to-date gain.
Gold dips on firm dollar, inflation data sparks caution on Fed rate cuts
Gold prices edged lower on Thursday as the U.S. dollar strengthened, while investors assessed a flurry of economic data ...
Gold Steady With Fed Rate Path and Ukraine Risks in Focus
Gold was steady amid thin trading due to the Thanksgiving holiday in the US, with investors weighing the outlook for Federal ...