Fed’s Waller Is Leaning Toward a Dec. Rate Cut

A top Fed official leans toward December rate cut but says it depends on economic data
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view.
Fed to lower rates in Dec but slow pace in 2025 on inflation risks: Reuters poll
The U.S. Federal Reserve will trim interest rates next month but make shallower cuts in 2025 than expected just a month ago due to the risk of higher inflation from President-elect Donald Trump's proposed policies,
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.
Fed’s Waller Is Leaning Toward a December Rate Cut
The central bank governor said that while the recent uptick in inflation does raise concerns that price growth could get stuck above the Fed’s 2% goal, he doesn’t want to overreact.
Fed's Waller says he is inclined to cut rates in December
Federal Reserve Governor Christopher Waller, whose views are often a bellwether for U.S. monetary policy, said on Monday that with inflation still forecast to fall to 2% he is inclined "at present" to support another interest rate cut later this month.
30-Year Mortgage Rates Sink to 5-Week Low
Rates for 30-year new purchase mortgages fell Friday, lowering the flagship average to it cheapest level since mid-October.
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Good news: Lower bills for Duke Energy customers due to falling fuel prices
Thanks to falling fuel prices, Duke Energy customers will see lower rates in December and January. Thanks to falling fuel prices, Duke Energy customers will see lower rates in December and January.
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