Fed’s Waller: Underlying inflation might be lower than we think
Key insight: While markets had been favoring a federal funds rate hike this month, Federal Reserve Gov. Christopher Waller believes there may be good reasons for the central bank to hold steady. Expert quote: “To paraphrase John Lennon, I’m willing to give disinflation a chance.” —Federal Reserve Gov. Christopher Waller Forward look: Waller, like other […]
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