Fed Pauses Hike? Market Watches Closely | Spokane News

Fed Governor Waller signaled openness to pausing rate hikes this month—if inflation cools, but warned higher rates may return if prices keep rising. Markets got a boost from the hint, easing tension fears, while oil’s climb adds uncertainty. The U.S. services sector edged up in August, and Friday’s jobs report looms large—but analysts caution against over-relying on one number. Unemployment claims ticked up slightly, matching forecasts. Tech stocks stumbled after Broadcom missed revenue targets, dragging chipmakers down, while crypto rallied on Bitcoin’s rebound. With global risks and a quiet earnings season, September’s historically volatile for stocks—making big moves unlikely anytime soon. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/906c5d0eaea02c8e