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A prominent Federal Reserve official on Tuesday laid out a case for lowering interest rates methodically at some point this year as the economy comes into balance and inflation cools — although he acknowledged that the timing of those cuts remained uncertain.Christopher Waller, one of the Fed’s seven Washington-based officials and one of the 12 policymakers who get to vote at its meetings, said during a speech at the Brookings Institution on Tuesday that he saw a case for cutting interest rates in 2024.“The data we have received the last few months is allowing the committee to consider cutting the policy rate in 2024,” Mr. Waller said. While noting that risks of higher inflation remain, he said, “I am feeling more confident that the economy can continue along its current trajectory.”Mr. Wa...

Charging stations in Norway see longer lines in the winter than summer, since vehicles are slower to charge in colder weather, but that has become less of an issue in recent years since Norway has built more charging ports, Mr. Godbolt said, citing a recent survey of members. Also, the majority of people in Norway live in houses, not apartments, and nearly 90 percent of electric vehicle owners have their own charging stations at home, he said.Around the world, 14 percent of all new cars sold in 2022 were electric, up from 9 percent in 2021 and less than 5 percent in 2020, according to the International Energy Agency, which provides data on energy security. In Europe, Norway, Sweden, Iceland, Finland and Denmark had the highest share of electric vehicles in new car registrations in 2022, ac...