Federal Reserve Governor ChristopherWaller said the US central bank could lower interest rates again in the first half of 2025 if inflation data continue to be favorable. “The inflation data ...
Federal Reserve Governor ChristopherWaller said Wednesday ... while keeping the labor market from weakening," he said. Waller said he expected inflation pressures to ease in coming months.
Citi—which anticipates five rate cuts in 2025—has a downbeat forecast for a meager 0.7 percent growth. Bank of America is forecasting an above-consensus 2.4 percent growth for the year, hence their ...
The prospect of a hiatus in rate cuts, or even a rate hike, had driven up Treasury yields, which weighed on utility stocks in recent sessions. Write to Rob Curran at [email protected] ...