Will Federal Reserve hike rates later this month?
Federal Reserve governor Christopher Waller said Thursday that an inflation report next week will largely determine whether he supports an interest rate hike later this month or not.
TL;DR
- Federal Reserve governor Christopher Waller linked his support for an interest rate hike to next week's inflation report.
- The inflation report will largely determine whether he backs a rate increase this month.
- Waller's stance introduces uncertainty regarding the Federal Reserve's decision on interest rates.