Federal Reserve Governor Christopher Waller said more rate hikes are needed to bring inflation under control, according to a Techub News item citing @Kalshi. Following those remarks, the yield on the US 10-year Treasury climbed to 5.3%.
The statement added to expectations that the Federal Reserve may keep tightening monetary policy. The source did not provide further details beyond Waller’s comment, the move in the 10-year yield, and the market interpretation that followed. The update was published by Techub as a short policy and regulation brief.
Federal Reserve Governor Christopher Waller said more rate hikes are needed to control inflation, according to Techub News, which cited @Kalshi.
After the remarks, the yield on the US 10-year Treasury rose to 5.3%. The comment also strengthened market expectations that the Federal Reserve will continue tightening monetary policy.
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