Fed’s Waller says August inflation data will guide September rate decision
Federal Reserve Gov. Christopher Waller said August inflation data will heavily guide whether he raises or keeps rates steady at the September meeting, citing a case for staying on hold if inflation continues cooling.
By Megan LeonhardtFederal Reserve Gov.
Christopher Waller said Thursday that August inflation data will heavily guide his decision on whether to raise or keep interest rates steady at the upcoming September meeting.
But he laid out a compelling case for why cooling inflation could keep him on hold…