Federal Reserve Governor Christopher Waller said on September 3 that if August inflation data continues recent progress, he would support holding rates steady; but if data is strong, he would consider a September rate hike. He also noted that a sharp acceleration in inflation may not be needed to justify tighter policy.
BlockBeats news, September 3 — Federal Reserve Governor Christopher Waller stated that if August inflation data continues the recent trend of improvement, he would support maintaining the current policy rate. However, if the August inflation data proves strong, he would consider supporting a rate hike in September. Waller also noted that a significant acceleration in inflation may not be necessary to justify a more restrictive policy stance.
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