Atlanticus, ICE and PayPal jump after Fed’s Waller backs steady rates
Shares of ATLC, ICE and PYPL rallied in the afternoon session after Federal Reserve Governor Christopher Waller signaled support for holding interest rates steady amid signs of disinflation, per a Reuters NEXT interview.
A number of stocks rose in afternoon trading after Federal Reserve Governor Christopher Waller signaled support for keeping interest rates steady as signs of disinflation emerged. In a Reuters NEXT Newsmaker interview, Waller said that if the positive economic trend continues, the Federal Reserve could consider lowering rates later, while noting that current policy remains appropriately set for now.