{
  "id": 5389121,
  "title": "Wall Street rallies as Fed's Waller eases rate hike fears",
  "url": "https://urgent.news/2026/09/03/wall-street-rallies-as-feds-waller-eases-rate-hike-fears-5389121",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T18:57:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/world/20260904/wall-street-rallies-as-feds-waller-eases-rate-hike-fears"
  },
  "original_language": "en",
  "account": "NEW YORK — Financial markets rallied on Thursday after U.S. Federal Reserve Governor Christopher Waller suggested that the Fed funds target rate could remain unchanged if inflation data indicates easing pressure. All three major U.S. stock indexes surged, with the Nasdaq benefiting from the strong performance of the \"magnificent seven\" AI-related megacap stocks. Waller told Reuters that he would be open to maintaining interest rates if upcoming data confirmed a slowdown in price pressures, but would support a rate increase if inflation persisted. Following his comments, market participants reduced expectations for rate hikes at the Fed's September meeting, lowering the probability to 50.4 percent from 63.2 percent the previous day, according to CME's FedWatch tool. The U.S. Treasury yield, which had hit its highest level since November 2023, retreated for the second consecutive day. The anticipation of rate hikes had been intensifying in recent sessions.",
  "summary": "NEW YORK — Wall Street advanced on Thursday as investors curbed their rate hike bets after U.S. Federal Reserve Governor Christopher Waller said he would support holding the Fed funds target rate steady if data shows inflationary pressures are easing. All three major U.S. stock indexes were sharply higher, with the Nasdaq enjoying a boost from the \"magnificent seven\" group of AI-related megacap…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Fed's Waller gives conditional guidance due to 'considerable uncertainty' over inflation outlook",
        "url": "https://urgent.news/2026/09/03/feds-waller-gives-conditional-guidance-due-to-considerable",
        "published": "2026-09-03T12:56:35.000Z"
      },
      {
        "outlet": "Winnipeg Free Press",
        "title": "Fed’s Waller says central bank’s next rate move depends on upcoming inflation report",
        "url": "https://urgent.news/2026/09/03/feds-waller-says-central-banks-next-rate-move-depends-on-upcoming",
        "published": "2026-09-03T13:10:08.000Z"
      },
      {
        "outlet": "Motley Fool",
        "title": "Fed Governor Chris Waller Just Significantly Upped the Stakes for the Sept. 11 Inflation Report. It Could Decide Whether There is a Rate Hike at the Fed's Upcoming Meeting",
        "url": "https://urgent.news/2026/09/03/fed-governor-chris-waller-just-significantly-upped-the-stakes-for-the",
        "published": "2026-09-03T16:41:01.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Fed Governor Chris Waller Just Significantly Upped the Stakes for the Sept. 11 Inflation Report. It Could Decide Whether There is a Rate Hike at the Fed's Upcoming Meeting",
        "url": "https://urgent.news/2026/09/03/fed-governor-chris-waller-just-significantly-upped-the-stakes-for-the-5378176",
        "published": "2026-09-03T17:01:01.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Fed’s Waller says safety premium for Treasuries is gone, pushing neutral rate higher",
        "url": "https://urgent.news/2026/09/03/feds-waller-says-safety-premium-for-treasuries-is-gone-pushing",
        "published": "2026-09-03T17:48:53.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Wall Street rallies as Fed's Waller eases rate hike fears",
        "url": "https://urgent.news/2026/09/03/wall-street-rallies-as-feds-waller-eases-rate-hike-fears-5387216",
        "published": "2026-09-03T18:52:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}