Fed's Waller Favors Holding Rates If August Inflation Improves

1. 1Fed Governor Christopher Waller said he would lean toward keeping interest rates unchanged if price data improves further in August.
2. 2He noted that if the progress seen in June and July continues, he would support holding at current levels, but would also back a hike if the trend reverses.
3. 3His tone was softer than in July, bringing the odds of a September hike back to a coin-flip level.

Source Bloomberg +8 · View original ↗

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