Fed Governor Waller: The start of policy easing and the number of interest rate cuts will depend on incoming data.

Fed Governor Waller: There are currently no signs of an imminent recession.

Fed Governor Waller: Still believes wage growth is "somewhat too high" to achieve the 2% inflation target.

Fed Governor Waller: Several indicators point to a slowdown in economic growth.

Fed Governor Waller: The risk of waiting for a while before easing is lower than the risk of acting too early.

Fed Governor Waller: It’s unclear whether CPI is driven by strange seasonal factors and excessive housing cost increases, or whether it indicates that inflation is more persistent than expected and will be harder to reduce to target levels.

Fed Governor Waller: The data received since my last speech on January 16 reinforces my view that we need to verify that the inflation progress since the second half of 2023 will continue.

Fed Governor Waller: Cutting interest rates in the next few months should not have much impact.

Fed Governor Waller: Seeking at least a few more months of inflation data.

According to a Reuters survey: 45 of 88 respondents said that the stock market may experience a correction in the next three months, while 43 said that a correction is unlikely.

SK Hynix shares rose 6.7%.

Japanese stocks are closed today.

According to ABC News: AT&T (TN) network outage was caused by a software update.

Space exploration startup Intuitive Machines is working to confirm a signal from a lunar lander.

The statement showed that Brazilian President Lula told Russian Foreign Minister Lavrov that he would attend the BRICS meeting in Russia in October.