$BTC $XAU $XAG Federal Reserve Chair Waller warns that
Inflation has not shown meaningful slowing, and policymakers must be sure that inflation is moving in the right direction; otherwise, the central bank “has more work to do.”
Waller reiterated that the Fed will bring the inflation rate back to its 2% target.
He said this is a clear and fixed goal. Waller said, “My benchmark is that we must be sure that underlying inflation is moving toward our target, and that the pace must be clear enough and fast enough. Otherwise, we have more work to do.
Inflation has not shown meaningful slowing, and policymakers must be sure that inflation is moving in the right direction; otherwise, the central bank “has more work to do.”
Waller reiterated that the Fed will bring the inflation rate back to its 2% target.
He said this is a clear and fixed goal. Waller said, “My benchmark is that we must be sure that underlying inflation is moving toward our target, and that the pace must be clear enough and fast enough. Otherwise, we have more work to do.