Federal Reserve Governor Christopher Waller said he would continue to support keeping interest rates unchanged if core inflation keeps moving lower in what he described as a reasonable scenario. He also said he expects headline inflation to begin slowing with the inflation data due this week, while adding that his main focus will remain on core inflation. The remarks were cited by Jin10 and carried by Odaily. The update centers on the path of inflation and its link to the Fed’s rate stance, with Waller drawing a distinction between overall inflation and the core reading he is watching more closely.
Federal Reserve Governor Christopher Waller said he would continue to support leaving interest rates unchanged if core inflation keeps declining in what he described as a reasonable scenario.
Waller also said he expects headline inflation to start slowing with the inflation data due this week, while keeping his attention on core inflation.
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