Fed Governor Waller says central bank could cut rates as early as July

Fed Governor Waller says central bank could cut rates as early as July


Key Points
  • Fed Governor Christopher Waller said Friday that he doesn’t expect tariffs to boost inflation significantly so policymakers should be looking to lower interest rates as early as next month.
  • “If you’re starting to worry about the downside risk [to the] labor market, move now, don’t wait,” he said.
  • Most Fed policymakers prefer a wait-and-see approach, with market pricing indicating the next rate cut won’t come until September.



Source

Visa launches new AI tools to manage the charge dispute process
Finance

Visa launches new AI tools to manage the charge dispute process

Key Points Visa launched six new artificial intelligence tools to help entities involved in the payments process manage charge disputes, the company told CNBC exclusively. Visa said it processed more than 103 million disputes globally in 2025, marking a 35% increase since 2019. It’s the latest example of major financial institutions introducing AI. Source

Read More
Stocks making the biggest moves premarket: Nike, RH, Sandisk & more
Finance

Stocks making the biggest moves premarket: Nike, RH, Sandisk & more

Check out the companies making the biggest moves premarket: Nike — The athletic apparel stock slumped 10% after its North American revenue came in at $5.03 billion, while analysts surveyed by LSEG had expected $5.04 billion. However, Nike posted fiscal third-quarter earnings of 35 cents per share and $11.28 billion in revenue. That exceeded the […]

Read More
Stocks making the biggest moves after hours: Nike, Dave & Buster’s, RH and more
Finance

Stocks making the biggest moves after hours: Nike, Dave & Buster’s, RH and more

Check out the companies making headlines after the bell : Nike — The athletic apparel stock slipped 2% after its North America revenue came in at $5.03 billion, while analysts surveyed by LSEG had expected $5.04 billion. However, Nike posted fiscal third-quarter earnings of 35 cents per share and $11.28 billion in revenue. That exceeded […]

Read More