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Fed’s Waller Says Rate Hike Could Be Considered if Core Inflation Runs Hot Again

Source
JH Kim

Summary

  • Federal Reserve Governor Christopher Waller said policymakers could consider a rate hike if core inflation comes in higher than expected again.
  • Walter Bloomberg reported that Waller said the US economy remains resilient, but price pressures tied to tariffs, energy prices and increased artificial intelligence (AI) infrastructure investment are persisting.
  • Markets are watching this week’s US consumer price index (CPI) as a key factor in determining the Fed’s future monetary policy path.

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Federal Reserve Governor Christopher Waller said policymakers could consider raising interest rates if core inflation comes in above expectations again.

Walter Bloomberg reported on July 13 that Waller sees the US economy as remaining resilient, even as price pressures persist from tariffs, energy prices and increased investment in artificial intelligence infrastructure.

Markets are focused on this week’s US consumer price index report as a key factor for the Fed’s next monetary-policy decision.

Photo: Shutterstock
Photo: Shutterstock
#Inflation
#Interest Rate
#Macroeconomy
#Policy
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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