Fed Governor Waller sees central bank ‘getting closer’ to an interest rate cut

Key Points

Keeping with statements from other policymakers, Waller’s sentiments point to an unlikelihood of a rate cut when the Federal Open Market Committee meets later this month, but a stronger likelihood of a move in September.
Central bankers have become more optimistic by data in recent months that has shown inflation easing after a surprisingly higher move for the first three months in 2024.

Source

Finance

Chicago Fed President Goolsbee ‘a little wary’ about cutting interest rates too quickly

October 3, 2025

Key Points Chicago Federal Reserve President Austan Goolsbee said Friday he’s leery of cutting interest rates too quickly as threats increase both inflation and employment. “I’m a little wary about front-loading too many rate cuts and just counting on the inflation going away,” he said. Source

Finance

Stocks making the biggest moves premarket: GameStop, USA Rare Earth, Applied Materials, Zillow and more

October 3, 2025

Check out the companies making headlines in premarket trading. USA Rare Earth — The rare earth miner jumped 8.8% after CEO Barbara Humpton told CNBC that the company is in “close communication” with the White House. GameStop — The meme stock fell 2.7% after the company said in a filing it’s selling a combination assets […]

Finance

Walmart-backed fintech OnePay is bringing crypto to its banking app, sources say

October 3, 2025

Key Points OnePay, the fintech firm majority-owned by Walmart, will soon offer cryptocurrency trading and custody on its mobile app, CNBC has learned. OnePay will offer customers access to bitcoin and ether later this year with help from the startup Zerohash. By allowing OnePay users to hold bitcoin and ether in their mobile app, customers could […]