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Fed's Waller warns more rate hikes are coming
Original: More rate hikes are coming, says Fed's Waller
Federal Reserve governor Christopher Waller said more interest rate increases are on the way, signaling the central bank is not done fighting inflation. The remarks point to continued tight monetary policy, with investors and borrowers bracing for higher borrowing costs on mortgages, loans and credit.
Why now: Markets and households are closely watching Fed officials for signals on the future path of interest rates.
Christopher WallerFederal Reserve
Evidence
- More rate hikes are coming, says Fed's Waller · Mortgage Professional America
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