Fed's Waller says more interest rate hikes likely if inflation does not ease
FROM THE WIRE · AMERICANBANKER.COM
Federal Reserve Gov. Christopher Waller said Thursday morning that he expects the Federal Open Market Committee to raise short-term interest rates if inflation does not show signs of easing.
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishFed governor's statement on potential further rate hikes moves equity and bond markets significantly.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Federal Reserve Governor Christopher Waller stated the FOMC may raise short-term rates.
- 02Rate increases depend on inflation not showing signs of easing.
- 03Statement suggests hawkish central bank stance if inflation remains elevated.