Latest / Rochester News Today | 2 Min News | The Daily News Now!
Waller Watches August Inflation Data | Rochester News
Fed Governor Christopher Waller signaled that the next inflation report could be the make-or-break moment for a potential rate hike, hinting he’s ready to act if August data shows inflation heating up — but will hold off if it confirms cooling. With borrowing costs still only “slightly restricting,” Waller emphasized patience, while acknowledging other Fed officials remain split: some like Chair Kevin Warsh suggest more work is needed, others like New York Fed President John Williams echo cautious optimism, stressing the need for sustained evidence before moving forward. Listen in comfort:Get…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.