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The Bank of England voted to cut interest rates from 4% to 3.75% in its last monetary policy move of 2025.
November's CPI report is expected to show the annual inflation rate at 3.1%, according to economists polled by Dow Jones.
Waller is one of the five finalists considered for to replace Fed Chairman Jerome Powell when his term expires in May.
Hassett says Fed independence is ‘really important’ and chair candidates shouldn’t be disqualified for being Trump’s friend
Nonfarm payrolls were expected to increase by 45,000 in November as the unemployment rate rose to 4.5%.