Fed’s Waller Cautious On Oil, May Advocate for Rate Cuts Later

Median Fed projection: one rate cut expected this year. Governor Christopher Waller spoke at the Federal Reserve open meeting and officials, in fresh projections released Wednesday, maintained the call for one cut—a dovish signal that could weigh on Treasury yields and support risk assets.

Analysis

Median Fed projection: one rate cut expected this year. Governor Christopher Waller spoke at the Federal Reserve open meeting and officials, in fresh projections released Wednesday, maintained the call for one cut—a dovish signal that could weigh on Treasury yields and support risk assets.