Pavlo Kot

Federal Reserve could hold rates steady pending inflation data, Chris Ciovacco notes

Federal Reserve could hold rates steady pending inflation data, Chris Ciovacco notes
Fed governor open to steady rates

Chris Ciovacco reports that Federal Reserve Governor Christopher Waller would support maintaining current interest rates if upcoming inflation data holds no surprises.

The comment was made via CNBC, highlighting the central bank's data-dependent policy approach.

Ciovacco has previously observed that all NASDAQ 100 signals have occurred during secular bull markets, with none reported in periods of secular stagnation, according to his recent analysis. He also pointed to over a century of market data suggesting improved odds for a bull market after October 30 this year, as noted in a separate report. These historical views provide additional context for monitoring upcoming inflation data and potential shifts in Federal Reserve policy.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.