Fed governor Waller signals flexibility on rate hike timing

NYT · 3 hours ago
  • Fed Governor Christopher Waller said in a Thursday speech that there is 'some flexibility' about when to raise interest rates again, joining other policymakers in signaling timing flexibility.
  • The prospects for a second straight rate increase this month dimmed further after Waller's comments.
  • The Federal Reserve remains poised to raise rates further to tame inflation, but that is unlikely until the end of the year.

Quotes

“there is some flexibility”— Christopher J. Waller

Sources