Federal Reserve Governor Waller: Does Not See Need to Consider Hiking Interest Rates

BlockBeats News, March 20th, Federal Reserve Governor Waller stated that if oil prices remain high for several months, it will eventually pass through to core inflation. Maintaining caution at the moment does not mean staying idle for the rest of the year.

Waller stated that he does not believe it is necessary to consider raising interest rates. If employment is weak, he will advocate for rate cuts again later this year, hoping to observe the situation before making a decision. (FXStreet)