Federal Reserve Governor Waller: If inflation data is overheated, I would consider supporting a rate hike.

Federal Reserve Governor Waller said his next decision on interest rates will "largely depend" on the August inflation data to be released next week.

He pointed out that "if inflation data is too hot, I would consider supporting interest rate hikes," and emphasized that a slight acceleration in inflation could lead him to support a tighter policy.

Waller stated that recent data shows "some signs of easing in inflation," but it remains above the Fed's 2% target. He added that if August inflation data indicates a reversal of this trend, the Fed may need to make slight adjustments to its policy stance to ensure inflation returns to a downward trajectory.

More updates to come...

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