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UNBELIEVABLE: Chris waller | History Defined

The Fed's worst inflation fears may be coming true as consumers lose faith in long-term prices—even Trump supporters doubt he can bring relief

"Critically, consumers appear worried that inflation will increase and proliferate beyond fuel prices, even in the long run."

Fortune

US Fed governor Chris Waller joins chorus calling for potential rate hikes

US Federal Reserve Governor Chris Waller on Friday added his voice to a growing bloc of policymakers calling for the US central bank to indicate that its next move could be an interest rate hike. Three Fed regional presidents backed removing the easing bias language, while one governor backed an…

The Economic Times

Supply shocks weren’t random. They were strategic—and should be seen as 'supply coercion' instead, former Fed official says

"The word 'shock' assumes the world resets. The world has stopped resetting."

Fortune

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Demand for longer-term U.S. debt gets weaker as one shock after another stokes fear that high inflation is here to stay

On Wednesday, the Treasury Department sold $25 billion of 30-year bonds at a 5% yield for the first time since 2007.

Fortune

The abysmal February jobs report shatters hopes of a labor market recovery for 2026 and leaves the Fed ‘between a rock and a hard place’

Jobs are negative on net since April, and oil is at $90.

Fortune

Why over 80% of America's top CEOs think Trump would be wrong not to pick Chris Waller for Fed chair

The dark-horse candidate may lack the White House network of other top contenders but he is perhaps the only one who can give Trump the rate cuts he wants.

Fortune

Scott Bessent said Trump could announce a new Fed chair 'before Christmas': Here's what you need to know about the leading candidates

What to know about Fed candidates Kevin Hassett, Kevin Warsh, Chris Waller and Rick Rieder.

Fortune

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What CEOs say about AI and what they mean about layoffs and job cuts: Goldman Sachs peels the onion

“Companies that have discussed AI in the context of their workforce have cut their job openings more sharply this year,” economist Ronnie Walker found.

Fortune

‘This Fed went to sleep,’ says top economist Mohamed El-Erian, who wants to see central bank reformed and presidents to ‘cool it’

Mohamed El-Erian calls for a visionary, less reactive Fed just as Trump settles on his next chair, with Hassett leading and independence fears resurfacing.

Fortune

Trump says he has a name to replace Powell—so Wall Street may need to contend with a ‘shadow Fed chair’ for the next half year

With Powell’s Fed term ending, Trump readies a new chair. Analysts eye Kevin Hassett and fear a “shadow chairman” could reshape U.S. monetary policy.

Fortune

Wall Street is on tenterhooks over the Fed’s ‘rare, genuinely suspenseful’ December meeting, because the committee itself doesn’t know what to make of the data—or of one another

A divided Fed meets amid mixed jobs and inflation signals, leaving Chair Jerome Powell with a suspenseful December.

Fortune

Half Yours completes historic Cups double for Melham

Jamie Melham has won the 165th running of the Melbourne Cup aboard the Tony and Calvin McEvoy-trained Half Yours in the $10 million race at Flemington.

AAP

Buckaroo 'class' leads Waller's five-strong Cup assault

Chris Waller has likened Buckaroo's Melbourne Cup preparation to that of 2021 winner Verry Elleegant as the master trainer eyes a second win in the great race.

AAP

Local hero Half Yours carries weight of a nation

Jockey Jamie Melham's shot at history in the Melbourne Cup comes as local hope Half Yours and new favourite Al Riffa are set to enjoy soft ground at Flemington.

AAP

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AAP

Cup of joy as favourite handed 'perfect' barrier draw

Co-trainer Calvin McEvoy could not have asked for a better result after Melbourne Cup favourite Half Yours drew barrier eight for the great race.

AAP

'No one better': red-hot Zahra steals show on Derby day

Mark Zahra has secured four straight wins on Victoria Derby day, piloting hot favourite Observer to victory in the $2 million Group 1 feature at Flemington.

AAP

Waller's Cox Plate 'bonus' as Via Sistina defends crown

Via Sistina has won the $6 million Cox Plate at Moonee Valley, becoming the first horse since legendary mare Winx to win the race in consecutive years.

AAP

J-Mac chases Cox Plate history aboard Via Sistina

James McDonald had a scary fall from Via Sistina before last year's Cox Plate but has enjoyed a smooth preparation for Saturday's $6 million Group 1 feature.

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Fortune

Wealthy millennial, Gen Z Platinum members drive American Express to record revenue: 'very comfortable paying for its exceptional value'

Platinum is morphing into "the premium lifestyle card," CEO Steve Squeri says. The market sent shares up more than 7% on the strength of the status symbol.

AAP

Aussies seek to topple world's fastest horse in Everest

Hong Kong star Ka Ying Rising will start an odds-on favourite for the $20 million The Everest at Randwick, but a host of Australian sprinters stand in his way.

Fortune

Goldman economists on the Gen Z hiring nightmare: ‘Jobless growth’ is probably the new normal

“History also suggests that the full consequences of AI for the labor market might not become apparent until a recession hits.”

Fortune

Fed’s Chris Waller says he had a ‘great interview’ to succeed Jerome Powell and the labor market is ‘weak’ and ‘not doing great’

“There was nothing political about it,” the Fed governor told CNBC. “Just serious economic discussion.”

Fortune

This week's Fed meeting is likely to be the most divisive in three decades, says Deutsche Bank

With markets convinced of a Fed rate cut, Powell must navigate divisions inside the FOMC over inflation, tariffs, and jobs data.

Kiplinger

Stocks Struggle to Start Nvidia Week: Stock Market Today

Another important week for the stock market starts on a risk-off note.

Fortune

Markets are near certain of a September rate cut as more presidents turn dovish overnight

Neither president Kashkari nor president Daly—nor governor Cook—dissented at the July meeting. With governor Christopher Waller and FOMC member Michelle Bowman already lobbying for a cut, the ranks of the dovish are growing by the day.

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