Waller, Federal Reserve member, 6reviewing tightening based on CPI and PPI results for the month.
Waller stated that the FOMC should consider tightening monetary policy in the near future based on the consumer price index and producer price index figures to be announced this week. He mentioned that the core inflation indicators to be released next week would be direct variables in determining the Fed's policy direction.13The consumer price index (CPI) for the month,6and the producer price index (PPI) for the month.6results will play a key role in the Fed's policy decisions.
/blog-images/gen-26979cca-eb1d-4ff2-a1b4-ba46fdd98608.jpg
Waller stated in a speech in New York that the FOMC should consider tightening monetary policy in the near future. His remarks directly referenced the upcoming inflation indicator results.13
He pointed to the consumer price index (CPI) to be announced later this month, stating that if core inflation comes out high again, a review of tightening would be necessary.14 6
He then mentioned the producer price index (PPI) to be announced later this month. He added that the trends of both indicators could influence the Fed's next response.15 6
The remarks came during an event hosted by the New York Economic Association. Director Waller is one of the committee members who decides the direction of monetary policy within the Federal Reserve.
During his speech, he emphasized the need to avoid repeating mistakes from past policy responses. Specifically, he mentioned that if core inflation figures rise again, actions should be considered.
The remarks were made on a date, and related price index announcements are scheduled for a date and a date. Public comments from Federal Reserve officials are categorized as statements that serve as references for market expectations and internal discussions within the central bank.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.WholeTextOfDateAndFigures.13hiddenFactCount:14translatedTextPartCount:]},15es-ES
Sources: 연합인포맥스
Bullstory synthesized this report from the linked sources. AI may have assisted the writing process. Check the original reports for factual confirmation.