Fed Governor Waller indicates he will support holding rates steady at September meeting
In remarks that seem to contrast with statements last week from Chairman Kevin Warsh, Waller expressed confidence in the current inflation trends.
Federal Reserve Governor Waller has indicated that he will support holding interest rates steady at the September meeting. This stance appears to contrast with recent comments from Chairman Kevin Warsh, according to CNBC. Waller's decision will be influenced by incoming inflation data over the next two weeks, as reported by Quartz.
Waller expressed confidence in current inflation trends. The September meeting of the Federal Open Market Committee (FOMC) is scheduled for September 15-16.
The reports also mention a Reuters poll of 65 economists regarding the European Central Bank's (ECB) interest rate decision, but this does not directly relate to Waller's comments or the Federal Reserve's actions.
Brief written by urgent.news from CNBC, Quartz, FXStreet — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- Fed's Waller open to leaving rates unchanged this month if inflation cools finance.yahoo.com
- Fed Governor Waller indicates he will support holding rates steady at September meeting cnbc.com
- A Fed governor signaled he'll support holding rates at the September meeting qz.com
- Fed’s Chris Waller ‘inclined’ to keep rates on hold ft.com
