Fed Governor Waller: FOMC May Need to Consider Hiking Rates Soon
BlockBeats News, July 14th, Federal Reserve Governor Waller stated that recently the range of core inflation has risen quite broadly, and inflationary pressures are not limited to individual areas.
Waller also mentioned that the Federal Open Market Committee (FOMC) may need to consider raising interest rates soon.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CICC raises its forecast for Brent crude oil price in Q4 2026 to $85 per barrel
Amid calls for "continuous rate hikes", Trump urges the Federal Reserve to cut interest rates: the US should have the lowest rates in the world
Trump publicly stated that the United States should have the lowest interest rates in the world, and once again threatened to cut off trade with countries running trade deficits with the U.S. in order to pressure the Federal Reserve. However, the U.S. August CPI exceeded expectations, and the market currently prices the probability of a rate hike in September at 86%. Fed Chairman Waller faces completely opposite pressure—to raise rates. The U.S.-Iran war has persisted for seven months, and rising energy prices combined with tariff policies have created a complex situation for the Federal Reserve’s inflation target.
Crypto prices
More
