Waller Open to Steady Rates Pending Inflation Data

Federal Reserve Governor Christopher Waller has expressed openness to maintaining current interest rates if upcoming inflation data holds no surprises, according to CNBC. The central bank's approach is data-dependent, and this view from a key Fed official suggests that rates may remain steady in the near term.

Chris Ciovacco, an analyst who has previously made notable market calls, notes that all NASDAQ 100 signals have occurred during secular bull markets. He also pointed to over a century of market data suggesting improved odds for a bull market after October 30 this year.