‼️ALERT | FED | WALLER SIGNALS NEED FOR MULTIPLE RATE HIKES
Federal Reserve Governor Christopher Waller said Thursday at the Istanbul Economic Forum that further rate hikes may be necessary to bring U.S. inflation under control.
According to Waller, inflation remains above the 2% target, while the labor market remains relatively strong.
The official highlighted three sources of inflationary pressure: elevated oil prices, trade tariffs, and the expansion of artificial intelligence infrastructure.
Waller signaled the possibility of multiple rate hikes, but stressed that they would not have to occur at consecutive meetings. The decision will depend on upcoming economic indicators.
The statement was hawkish in tone. CAUTION.
#ThaiTraderOficial #BinanceSquareTalks #FedMinutesFocusOnOctoberPause
Federal Reserve Governor Christopher Waller said Thursday at the Istanbul Economic Forum that further rate hikes may be necessary to bring U.S. inflation under control.
According to Waller, inflation remains above the 2% target, while the labor market remains relatively strong.
The official highlighted three sources of inflationary pressure: elevated oil prices, trade tariffs, and the expansion of artificial intelligence infrastructure.
Waller signaled the possibility of multiple rate hikes, but stressed that they would not have to occur at consecutive meetings. The decision will depend on upcoming economic indicators.
The statement was hawkish in tone. CAUTION.
#ThaiTraderOficial #BinanceSquareTalks #FedMinutesFocusOnOctoberPause