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Source:
The Fiscal Times
Fed's Waller favors rate hold in September
Federal Reserve Governor Christopher Waller indicated he favors holding interest rates steady at the upcoming September meeting if inflation data remains in line with recent trends. While acknowledging inflation is above the 2% target, he expressed confidence that disinflation is underway, supported by improving inflation measures over recent months. His remarks suggest a cautious approach to rate hikes, contingent on upcoming economic data.
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