Fed Governor Waller backs Dec. rate cut
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While President Trump has a list of five finalists for the next chair of the Federal Reserve, he said last week that he thinks he knows who he'll pick. "I think I already know my choice," Trump told reporters in the Oval Office regarding who will replace outgoing Fed Chair Jerome Powell,
The stock market faces significant challenges in the near term, including high valuations, a weakening economy, and dismal consumer sentiment.
Governor Christopher Waller discussed his meeting with Treasury Secretary Scott Bessent as speculation grows about his potential Fed chair appointment.
Like political advisors gearing up for an election, observers of Federal Reserve Board decisions also find themselves counting votes in granular detail as arguably never before.
In a little over five weeks, the curtain will close on 2025, and investors will likely be looking back on another banner year for Wall Street. Recently, the benchmark S&P 500 (SNP
WASHINGTON (Reuters) -U.S. Federal Reserve Governor Christopher Waller said he met with Treasury Secretary Scott Bessent recently to further discuss his possible nomination as Fed Chair, as the Trump administration moves forward in picking a replacement for Jerome Powell.
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Former Boston Fed Pres. Rosengren: Very confident Powell will be successful in getting a 25bps cut
Former Boston Fed President Eric Rosengren joins 'Squawk Box' to discuss the state of the economy, strength of the labor market, the Fed's inflation fight, rate path outlook, and more.
US President Donald Trump lashed out at Fed Chair Jerome Powell and warned Treasury Secretary Scott Bessent to bring down interest rates or risk being fired.