Fed's Waller says interest rates will be cut toward neutral, only question is how quickly

7 months ago 34

Bitcoin dips 0.7% as gold rallies 0.8%, hitting near-record highs. SOL outperforms crypto, up 3.1%. Traders eye Fed cuts.

Trump’s Fed pick Miran hearing to be Sept 4. The hurry is to get Miran on the FOMC prior to the meeting on Sept 16 & 17 to stack it with yes men who will follow Trump's rate cut orders.

investingLive Exclusive

19m ago

Fed's Waller backs 25bps cut in Sept, citing labor risks. Expects more cuts if data weakens. Markets eye August jobs report.

Federal Reserve Governor Waller calls for a series of interest rate cuts, beginning in September. Waller's views are coloured by his desire to curry favour with Trump and be appointed next Fed Chair.

investingLive Exclusive

28m ago

JP Morgan sees Bitcoin at $126k, citing low volatility (30%) & institutional demand. BTC trades near $111,950.

Financial Times: Canada does not expect Donald Trump to drop all his tariffs on the country. The Financial Times cites unnamed Canadian officials.

investingLive Exclusive

47m ago

30yr fixed rates hit 6.50%, a 10-month low! Traders eye Fed decision for further moves. Housing market sentiment shifts.

Mortgage News Daily

54m ago

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