Federal Reserve Board Member Waller: The current stance is to keep interest rates stable in the short term

Golden Finance reports that on May 22, Federal Reserve Board Member Waller stated: If inflation expectations become unanchored, rate hikes will be necessary. The current stance is to keep interest rates stable in the short term. Recent expectations should not anticipate changes in policy rates, as the outcome will heavily depend on the duration of the Iran conflict. The risk of inflation becoming more persistent is increasing, and price pressures are intensifying.
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