Surveillance

A Dovish Powell Is All That Matters, Not the Fed’s Christopher Waller

‘Ignore and move on,’ abdrn’s Hickmore says after remarks from a noted hawk

US Federal Reserve Governor Christopher Waller grabbed markets’ attention with a go-slow take on rate cuts late yesterday.

Photographer: Al Drago/Bloomberg

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You’d think that traders would care more if they sniffed out a more hawkish Federal Reserve.