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Search resuls for: "Fed Governor Waller"


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Gold holds steady as traders await U.S. data for more Fed cues
  + stars: | 2024-03-28 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices steadied on Thursday as investors digested comments from Federal Reserve Governor Christopher Waller on interest rate cuts and looked forward to more U.S. economic data for policy clues. Gold prices steadied on Thursday as investors digested comments from Federal Reserve Governor Christopher Waller on interest rate cuts and looked forward to more U.S. economic data for policy clues. Fed Governor Waller on Wednesday said recent disappointing inflation data affirms the case for the U.S. central bank holding off on cutting its short-term interest rate target. Traders are currently pricing in a 62% probability the Fed will begin cutting rates in June, according to the CME Group's FedWatch Tool. Lower interest rates reduce the opportunity cost of holding bullion.
Persons: Christopher Waller, Ilya Spivak, Fed Governor Waller Organizations: Federal Reserve, Fed, U.S, Traders Locations: Ukraine
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed Governor Waller sounded 'dovish' in speech today, says Vital Knowledge's Adam CrisafulliAdam Crisafulli, Vital Knowledge Co-Founder and Nick Colas, Datatrek Research Co-Founder, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: Waller, Vital, Adam Crisafulli Adam Crisafulli, Nick Colas Organizations: Research
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed Governor Christopher Waller: Officials can 'wait, watch and see' before acting on interest ratesCNBC's Steve Liesman joins 'Halftime Report' with breaking news from Fed Governor Waller about recent employment data, the strength of the economy in Q3, and the status of consumer spending.
Persons: Christopher Waller, Steve Liesman, Fed Governor Waller Organizations: Fed
Federal Reserve Governor Christopher Waller said Tuesday that the recent round of strong economic data will buy the central bank some time as it decides whether additional interest rate hikes are needed to control inflation. "The biggest thing is just inflation," Waller said. "That depends on the data," Waller said when asked whether the rate increases can stop. Markets are assigning a near certainty to the chances that the Fed skips a rate rise at its Sept. 19-20 meeting. "It's not obvious that we're in real danger of doing a lot of damage to the job market, even if we raise rates one more time."
Persons: Christopher Waller, Waller, CNBC's Steve Liesman, We've, Goldman Sachs, Jerome Powell Organizations: Federal, Market, Group
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. Federal Reserve Governor Christopher Waller on Thursday cast doubt on the need for special focus on how banks are preparing for climate change risks. Thus, he said that conducting special tests for how banks are preparing for such events probably shouldn't fall under the Fed's purview. The stress tests focus on how banks would respond to financial and economic crises. A financial stability report in 2020 first addressed the topic.
Persons: Christopher Waller, Waller Organizations: US Federal Reserve, Washington , D.C, Federal Locations: Washington ,, U.S, Madrid, United States
Federal Reserve Governor Christopher Waller said Friday he favors a quarter percentage point interest rate increase at the next meeting, as he waits for more evidence that inflation is heading in the right direction. Other officials, such as Philadelphia Fed President Patrick Harker, have pointed to a 0.25 percentage point increase at the Jan. 31-Feb. 1 FOMC meeting, but Waller is the highest-ranking member to be that explicit. While the market and the Fed appear to be on the same page with where rates go in the short term, there is divergence further out. Waller said the divergence is largely about perception for where inflation is going to go. "The market has a a very optimistic view that inflation is just going to melt away.
Fed Governor Waller expects a 50 bps hike in December
  + stars: | 2022-11-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed Governor Waller expects a 50 bps hike in DecemberCNBC's Steve Liesman joins 'Power Lunch' to report on comments made by Federal Reserve Governor Christopher Waller about a 50 basis point hike in December, the importance of slowing growth in the fight against inflation and takeaways from the CPI report.
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