November 24, 2025
United States:
Fed’s Waller Calls for December Cut, Then Meeting-By-Meeting
Federal Reserve Governor Christopher Waller said he’s advocating an interest-rate cut in December, though the US central bank can probably take more of a meeting-by-meeting approach starting in January once it receives a flood of economic data.
“My concern is mainly labor market, in terms of our dual mandate. So I’m advocating for a rate cut at the next meeting,” Waller said Monday on the Fox Business Network. “You may see a more of a meeting-by-meeting approach once you get to January.”
Europe:
German Business Outlook Unexpectedly Slips, Clouding Rebound
German business confidence unexpectedly dipped in November, a fresh sign of the challenge to overcome stagnation even as the government ramps up spending.
An expectations index by the Ifo institute dropped to 90.6 in November from 91.6 the previous month, a release Monday showed.
Asia:
China’s Solar Power Additions Extend Recovery in October
China’s solar panel installations continued their recovery in October after falling to near a three-year low in August.
A total of 12.6 gigawatts of solar capacity was added last month, up from 9.66 gigawatts in September, according to data released by the National Energy Administration. The monthly figure also represents a drop from the 20.4 gigawatts added in the same period a year earlier.
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