A Fed governor signaled he'll support holding rates at the September meeting
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A Fed governor signaled he'll support holding rates at the September meeting
Waller said incoming inflation data over the next two weeks will be the deciding factor in his vote at the Sept. 15-16 FOMC meeting
Al Drago / Bloomberg via Getty Images
Federal Reserve Governor Christopher Waller said Thursday that he would likely back an unchanged federal funds rate at the Fed's September meeting, so long as inflation figures released before then continue showing movement toward the central bank's 2% goal.
"If this continues in the data due over the next two weeks, I would be inclined to support holding the target for the federal funds rate at its current setting," Waller said in remarks prepared for a Reuters interview in Washington.
Waller left the door open to a........
