Fed's Waller warns of possible rate hikes while speaking of 'fighting the last war'
Fed Governor Waller, on 7 month 13 day, warned about the possibility of further rate hikes while stating regarding inflation that we should "not keep fighting the last war." He pointed out that inflation is spreading beyond traditional factors such as soaring energy prices and tariffs.
In a public statement on 7 month 13 day, Fed Governor Waller said regarding inflation that we should "not keep fighting the last war," while not ruling out the possibility of additional rate hikes. This statement confirms to investors that the Fed's policy signals are not completely calming down.
He mentioned that the inflation trend is spreading beyond often-cited factors like soaring energy prices and tariffs. This indicates that the causes of inflation are viewed as more complex.
Waller noted that the responses that were effective in the past may not necessarily fit the current situation. He did not specify how many rate hikes this might imply.
He warned that raising interest rates remains a possible option. His remarks imply that the Federal Reserve can respond flexibly based on data.
Waller's comments are recorded as one of the public remarks surrounding the Federal Reserve's internal discussions and market interest rate expectations in 7 month. No separate official statement or interest rate decision accompanied it.
These remarks came from a public speech on 7 day 13. Waller has made several public remarks in his capacity as a Federal Reserve Board member.
Sources: CNBC Top News
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