Denemek ALTIN - Özgür

US Fed governor calls for rate cut in Sept, sees more to come

The Straits Times

|

August 30, 2025

US Federal Reserve governor Christopher Waller again called for lower interest rates, saying he would support a quarter-percentage point reduction in September and anticipates additional cuts over the next three to six months.

WASHINGTON - US Federal Reserve governor Christopher Waller again called for lower interest rates, saying he would support a quarter-percentage point reduction in September and anticipates additional cuts over the next three to six months.

"With underlying inflation close to 2 per cent, market-based measures of longer-term inflation expectations firmly anchored and the chances of an undesirable weakening in the labour market increased, proper risk management means the FOMC (Federal Open Market Committee) should be cutting the policy rate now," Mr Waller said in remarks prepared for an event on Aug 28.

Mr Waller, whom the Trump administration is considering as a candidate to replace Mr Jerome Powell as Fed chair in 2026, said he does not currently see the need for an outsized rate cut when the central bank's policy-setting FOMC next meets on Sept 16-17.

The Straits Times'den DAHA FAZLA HİKAYE

The Straits Times

The Straits Times

You can get away with minimum exercise

If you are resolving to make 2026 the year you get fit, here is a simple way to ensure you meet your goal: Aim for the minimum.

time to read

3 mins

February 04, 2026

The Straits Times

Musk’s SpaceX acquires xAI with aim to build data centres in space

Mr Elon Musk’s SpaceX has acquired xAI in a deal that encompasses the billionaire’s increasingly costly ambitions to dominate artificial intelligence (AI) and space exploration.

time to read

2 mins

February 04, 2026

The Straits Times

The Straits Times

It's time the polytechnic diploma got the recognition it deserves

You might know someone like H. Diploma in hand, he entered the workforce early and built years of experience as a safety officer.

time to read

5 mins

February 04, 2026

The Straits Times

Kyiv agrees to multi-tiered ceasefire enforcement plan with Europe and US: Report

Ukraine has agreed with Western partners that any persistent Russian violations of a future ceasefire agreement would trigger a coordinated military response from Europe and the US, the Financial Times reported on Feb 3, citing people briefed on the discussions.

time to read

1 min

February 04, 2026

The Straits Times

The Straits Times

Svitolina, Bencic are mothers of success

Belinda Bencic and Elina Svitolina have made tennis history as the first mothers ranked inside the WTA Tour's top 10 at the same time, with the governing body hailing it as an \"incredible moment for women's sport\".

time to read

1 mins

February 04, 2026

The Straits Times

The Straits Times

Singapore’s 3x3 C’wealth Games debut a ‘milestone’

Fresh off their historic men’s silver at the 2025 SEA Games, Singapore’s 3x3 basketball teams clocked another milestone by qualifying for the July 23-Aug 2 Commonwealth Games in both the men and women’s events in Glasgow, Scotland.

time to read

3 mins

February 04, 2026

The Straits Times

NTU unveils locally made aircraft prototype, eyes commercial use

Nanyang Technological University (NTU) is hoping to put a locally designed and made aircraft that can transport people and cargo in the skies, after unveiling a prototype on Feb 3.

time to read

2 mins

February 04, 2026

The Straits Times

The Straits Times

Inside Patek Philippe's Singapore Service Centre

With the upgrade to its workshop here, the luxury watchmaker is doubling down on after-sales care

time to read

3 mins

February 04, 2026

The Straits Times

Private sector reminded to cease use of NRIC numbers for authentication

Private organisations that have not phased out the use of NRIC numbers for authentication will risk breaching the Personal Data Protection Act (PDPA) from Jan 1, 2027.

time to read

2 mins

February 04, 2026

The Straits Times

Military training for Indonesian govt staff draws mixed reactions

JAKARTA - The Indonesian government’s plan to provide military training for thousands of civil servants has sparked mixed reactions among the public and analysts - with some praising the policy’s efficiency, while others question its relevance amid evolving patterns of modern warfare.

time to read

2 mins

February 04, 2026

Listen

Translate

Share

-
+

Change font size