Fed’s Waller pushes for Jul. rate cut
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Federal Reserve governor Christopher Waller made his strongest call yet for a rate cut in July as he again argued that any inflation from tariffs would be temporary, underscoring a new divide within the central bank.
DXY slips 0.16% Friday but holds weekly gains. Fed rate cut bets and Trump’s tariffs stir inflation fears and market uncertainty.
Federal Reserve Governor Chris Waller is open to leading the central bank if President Trump requests. Waller advocates a rate cut, amid Trump's criticism of current Fed Chair Jerome Powell. The debate over interest rates highlights tensions about the Fed's independence under unprecedented presidential pressure.
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Larry Kudlow: Fed Gov. Chris Waller breaks the Powell groupthink and demands a rate cut nowFOX Business host Larry Kudlow discusses debate over Federal Reserve policy on 'Kudlow.'
Gold price holds firm above support as Fed cut bets rise, dollar weakens, and tariff fears boost safe-haven demand. Bullish outlook builds for XAU/USD.
The U.S. dollar slipped against the euro on Friday but held on to weekly gains, as investors weighed expected Federal Reserve policy amid signs that tariffs may be starting to increase some inflation pressures and as U.
The president keeps threatening to fire Jerome Powell. There are reasons beyond market reaction why he might regret following through.