Fed Governor Waller: Diesel Prices Won’t Fall Soon

Waller's comment matters less as a fuel-price forecast than as a signal about how the Fed is framing the inflation picture: energy costs as a sticky input rather than a fading one. For rate-sensitive sectors — including crypto and tokenized real-world assets, which tend to trade against the rate outlook — the takeaway is that the disinflation story may be slower than hoped. The open question is whether other Fed officials echo this framing, since a broadening consensus would carry more weight than a single governor's aside.