Published Sep 3, 2026, 10:23 AM ET · Updated 2 months ago · 1 source
Fed less likely to raise rates due to Waller's commentary
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Original Report
Waller's commentary has significantly reduced the market's perceived likelihood of a Federal Reserve rate hike, evidenced by a drop in odds from 68% to 59% and a decrease in both 2-year and 10-year Treasury yields. This suggests the Fed is less inclined to raise rates, contributing to looser financial conditions despite rising oil prices.