Fed Governor Waller expects multiple rate increases to cool inflation
In prepared remarks at the Istanbul Economic Forum, Fed Governor Christopher Waller said economic data has not shifted enough, and he expects multiple rate increases may be needed to cool inflation in a timely fashion.
Federal Reserve Governor Christopher Waller said Thursday he expects the central bank will need to implement multiple rate increases to cool inflation in a timely manner. In prepared remarks at the Istanbul Economic Forum, Waller said the economic data did not shift the need for tighter policy.