Waller Advocates for Holding Interest Rates Amid Inflation Concerns

Reported 3 days ago

Federal Reserve Governor Christopher Waller has indicated a preference to maintain current interest rates until inflation trends are clarified, despite a recent 0.5% rise in the consumer price index. He expressed skepticism about the accuracy of seasonal adjustments in inflation data and emphasized the need for responsive monetary policy based on economic indicators, cautioning against delays caused by uncertainties in the economic landscape.

Source: YAHOO

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