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Christopher Waller
Wall Street Rises for Third Day on Interest Rate Optimism
In two trading days in a row, the New York Stock Exchange had risen from weeks of ashes. It became a third day in a row when a renewed hope of lowered interest rates in the USA contributed to lifting stock prices.
Fed's Waller: Inflation from Tariffs Expected to Be Temporary
Price increases in the wake of import tariffs will be "temporary" and "transitory". This is stated by Christopher Waller, one of the members of the US central bank Federal Reserve's (Fed) board of directors, reports CNBC.
Central Bank Member Conditions More Rate Cuts
Many investors on Wall Street hope that the US central bank Federal Reserve (Fed) will deliver an early Christmas present in the form of a lowered interest rate at its meeting on December 17-18. Christopher Waller, a member of the Fed's board of directors, conditions the possibility:.
ECB expected to initiate wave of interest rate cuts
The European Central Bank (ECB) is expected to lower its key interest rate by 0. 25 percentage points on Thursday.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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