Earlier:
Fed’s Waller wants continued rate hikes until meaningful, persistent progress on inflation
Governor Christopher Waller is a member of the Federal Reserve Board of Governors, more remarks:
- the longer inflation stays up and the more aggressive the Federal Reserve has to be the less likely a soft landing will be
- I think there is a chance we can pull off a soft landing
- want to get rates positive so they have a real bite on inflation
- market are expecting real rates to be positive and to continue to rise next year
- had much more faith in achieving a soft landing back in May and June
- we are not getting the break on inflation that we all thought we we would
–
Compulsory chance meme pic:
This article was originally published by Forexlive.com. Read the original article here.