Federal Reserve Governor Christopher Waller says policymakers should cut interest rates now to support a labor market that is showing signs of weakness. Separately Federal Reserve Bank of San Francisco President Mary Daly Told Bloomberg she still thinks it’s reasonable for policymakers to plan on two interest-rate cuts this year, emphasizing that the central bank should not wait too long before moving. So could the Fed cut rates soon?
Bloomberg MLIV Executive Editor Mark Cudmore joins Caroline Hepker and Valerie Tytel on Bloomberg radio to discuss as a new S&P 500 high indicates that a record-extending global stock rally may have further to run with strong economic data easing concerns about the health of the US economy. (Source: Bloomberg)
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