Fed may cut rates sooner and faster than expected if disinflation holds up, Waller says
Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates sooner and faster than expected, Federal Reserve Governor Christopher Waller said on Thursday in comments that pushed against recent market moves that anticipate a shallower Fed rate path.
The Federal Reserve governor expects inflation to continue to decline in 2025, opening the door to interest-rate cuts.
Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...
Stocks struggled to make headway after a solid rally, while bond yields dropped on dovish remarks from Federal Reserve ...
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