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.
Gold held firm near a five-week high on Friday and was set for a third straight week of gains, as U.S. inflation data ...
The 10-year yield and mortgage rates fell today after remarks by St. Louis Fed President Chris Waller about rate cuts.
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