Fed's Christopher Waller signaled that he supports cutting interest rates, despite high inflation and Trump's tariff concerns.
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.
Wall Street held firmer on Wednesday, a day after strong reports on the economy hurt U.S. stocks by stirring up worries that inflation and interest rates may remain higher than expected. The S&P 500 rose 0.
Stocks struggled to make headway after a solid rally, while bond yields dropped on dovish remarks from Federal Reserve Governor Christopher Waller.
Wall Street is holding steadier, and U.S. stocks are drifting between small losses and gains a day after strong reports on the economy stirred up worries that inflation and interest
Wall Street loves lower rates, which can goose the economy and boost prices for investments. Fed Governor Christopher Waller said in a speech Wednesday he still expects the central bank to deliver ...
Wall Street loves lower rates, which can goose the economy and boost prices for investments. Fed Governor Christopher Waller said in a speech Wednesday he still expects the central bank to ...
Wall Street loves lower rates, which can goose the economy and boost prices for investments. Fed Governor Christopher Waller said in a speech Wednesday he still expects the central bank to deliver ...
Wall Street loves lower rates, which can goose the economy and boost prices for investments. Fed Governor Christopher Waller said in a speech Wednesday he still expects the central bank to deliver ...
(Bloomberg) -- Stocks struggled to make headway after a solid rally, while bond yields dropped on dovish remarks from Federal Reserve Governor Christopher Waller. Wall Street also kept a close eye ...
A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated inflation and the prospect of widespread tariffs under the incoming Trump administration.
Christopher Waller said he anticipates the next rate reduction to ... them along to customers for fear of losing business and market share. "Most of the [Wall] Street estimates are, it's going to have some marginal effect and short lived effect on prices ...