Fed’s Waller: Hot Inflation Data Could Prompt Rate Hike

TREE NEWS update: Federal Reserve Governor Christopher Waller said his next rate decision will “largely depend” on next week’s August inflation data. He noted that if the data comes in hot, he would consider supporting a rate hike, emphasizing that even a modest acceleration could shift him toward tighter policy. Waller acknowledged recent signs of easing inflation but stressed it remains above the Fed’s 2% target, and a reversal in progress might require a small policy adjustment.