Market News / Story
Fed's Waller expects more tightening but is 'flexible' on the pace
Seeking Alpha ·
Seeking Alpha reports: Between the Federal Open Market Committee's three rate cuts late in 2025 and its rate hike in September 2026, Federal Reserve Governor Christopher Waller saw a "preponderance of evidence" that risks shifted from the labor market toward inflation, he said on Thursday. That convinced him that a rate hike was needed in September. One move, though, isn't likely to bring inflation down to the central bank's 2% goal. "If the economic data continue to come in as expected, I…
Related stories
More Fed hikes on the horizon? Here's what you need to knowRead story summary
CNBC's Steve Liesman joins 'Halftime Report' to report on President Donald Trump establishing a 'committee of inquiry' to investigate allegations that Federal Reserve Governor Lisa Cook made false statements related to mortgages, according to the White House. He also reports on whether rate hikes are on the horizon.
VIEW SOURCE
St. Louis Fed's Musalem sees more rate hikes in the next 6 monthsRead story summary
St. Louis Federal Reserve president Alberto Musalem said Thursday that more interest rate hikes will be needed over the next six to nine months to bring inflation down, but he didn't indicate that the central bank needs to move at its next policy meeting. "The important thing at this point in time is to bring inflation back towards 2% in a timely manner, ...
VIEW SOURCE
US Treasury yields rise as Fed’s Waller says more hikes needed, investors await 30-year auctionRead story summary
U.S. Treasury yields climbed higher on Thursday ahead of a closely watched long-dated bond auction later. The benchmark 10-year Treasury yield was 4 basis points higher at 5.322%, after reaching its highest level since 2002 on Wednesday before retreating later in the day. The 30-year Treasury bond yield rose over 4 basis points to 5.705%, after trading just ...
VIEW SOURCE
Fed's Waller States Inflation Expectations Remain StableRead story summary
Fed's Waller States Inflation Expectations Remain Stable. Fed's Waller States Ai Productivity Is Not Yet Reflected In Data, But Is Visible Anecdotally.
VIEW SOURCE