Federal Reserve Governor Christopher Waller said more interest rate hikes are still needed, according to a newsflash cited by ChainCatcher. At the same time, Waller said policymakers would stay flexible on the pace of those increases.
The remark points to a continued tightening stance from the Federal Reserve, while leaving room to adjust how quickly additional hikes may be delivered. The statement did not include a specific timetable, target level, or details on the number of future hikes.
ChainCatcher’s brief report focused on two points: Waller sees the need for further rate increases, and he does not view the speed of those moves as fixed. No other comments or market details were provided in the source item.
Federal Reserve Governor Christopher Waller said more rate hikes are still needed, according to ChainCatcher. He also said the pace of those hikes would remain flexible.
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