Governor Christopher Waller says policymakers should weigh a 50-basis-point move if US inflation fails to slow
Excerpt from Financial Times. Original publication ↗
Source: Financial Times
Ben Nothling, a sixth-generation descendant of the Welsh entrepreneur David Jones, owns a shoe business. He’s owed $130,000 by the collapsed retailer.
Brent crude slipped toward $90 a barrel after Trump said further U.S. military strikes on Iran didn’t seem necessary for now, raising hopes of an easing in the Middle East conflict.
The policymaker said he "is leaning toward" a rate increase in December and could support a half-point hike depending on inflation data.