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Waller said in a CNBC interview that recent developments require a more conservative approach.
JPMorgan's move reflects growing competition among banks and wealth managers to serve athletes, who are increasingly becoming entrepreneurs and investors.
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in January.
These are the stocks posting the largest moves in the premarket.
People in China are rushing to buy preowned computers to try OpenClaw with demand for MacBooks particularly high, according to one reseller.
While no one expected the Fed to cut — much less hike — at this meeting, the market always looks for clues about what's next.
The Federal Reserve on Wednesday released its decision in interest rates.
The central bank's so-called dot plot showed a median estimate of 3.4% for the federal funds rate, the same as at the end of last year.
Futures markets took any realistic chance of a cut off the table until at least December.
These are the stocks posting the largest moves midday.
These are the stocks posting the largest moves in premarket trading.
The Federal Reserve has little choice but to stay on the sidelines this week.