
Fed’s Waller puts half-point rate hike into the mix for December
Summary
Federal Reserve Governor Chris Waller stated that a larger interest rate increase is possible at the December meeting. This potential half-point adjustment will depend on the upcoming consumer price figures for October.
U.S. central bank official had put a half-point discussion into the mix ahead of Labor Department data, which came in as hot as he feared.
Source: Read the full story at MarketWatch.com - Top Stories
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.