News

Federal Reserve’s Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...
Fed's Waller wants July interest rate cut amid rising growth, job market risks
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said on Thursday he continues to believe ...
Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure
Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait ...
Fed's Waller again makes case for July interest rate cut
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said on Thursday he continues to believe ...
The Fed Should Cut Rates in July, Waller Says
A Federal Reserve governor seen as a candidate to succeed Chair Jerome Powell laid out his strongest case yet for a rate cut ...
Fed's Daly says 'reasonable' to expect two rate cuts before end of 2025
San Francisco Federal Reserve President Mary Daly reiterated on Thursday it is "reasonable" to expect two interest rate cuts ...
Fed's Kugler: No Rate Cut for Some Time as Tariffs Pass Through to Prices
The Fed meets on July 29-30 and policymakers are expected to hold the benchmark interest rate steady in the current range of ...
British stocks rise as labour data supports August rate cut bets
London's main stock indexes rose on Thursday, as signs of a cooling labour market assured investors that the Bank of England ...
A top Fed official, considered a candidate to replace Powell, keeps calling for a rate cut this month
“With inflation near target and the upside risks to inflation limited, we should not wait until the labor market deteriorates before we cut the policy rate,” he said. “I believe it makes sense to cut ...
Jobless rate hits four-year high- but makes interest rate cut more likely
While rate cut expectations for 7 August have risen due to the weakening labour market, the data intensifies the focus on the ...
Gold steady as traders weigh US economy, rate cut directions
Traders will watch for the outcomes of a gathering of Fed officials at the end of this month to get a clearer sense of their ...
What could happen to HELOC rates now that inflation is rising again?
With June's inflation reading coming in hotter than the month prior, the Fed is under renewed pressure to maintain its ...