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✉news BusinessBanking first seen 17 h ago, last 10 h ago, peak #17

Fed's Waller signals more rate hikes ahead with flexible pace

Original: Fed's Waller: More hikes needed, but there is 'flexibility' about the pace

Federal Reserve Governor Christopher Waller said US interest rates will likely need to rise further to bring inflation down, but stressed there is 'flexibility' about how quickly the central bank moves. His comments suggest officials may favour smaller or slower increases as they weigh incoming economic data, and investors are watching closely for clues about the size of the next hike.

Why now: Markets are searching for signals on the pace of future Fed rate hikes amid persistent inflation.

Christopher WallerFederal Reserve

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