News list for " Waller said on Friday that this month"

Federal Reserve Governor Paul Waller said on Friday that the "time has come" to start a series of interest rate cuts this month, adding that he was open to the size and speed of the cuts. "If the data support a series of rate cuts, then I think a series of rate cuts is appropriate. If the data shows that a larger rate cut is needed, then I will also support it." Federal Reserve Chairperson Jerome Powell said at the annual meeting of global central banks two weeks ago that given the rise in infla...

2024-09-06 15:24:37