Fed's Waller Favors Holding Rates If August Inflation Improves
- 1Fed Governor Christopher Waller said he would lean toward keeping interest rates unchanged if price data improves further in August.
- 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.
- 3His tone was softer than in July, bringing the odds of a September hike back to a coin-flip level.
This 3-line summary is compiled from the report below.
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