Fed Governor Waller Suggests Rate Pause if Disinflation Persists

Federal Reserve Governor Christopher J. Waller indicated a preference for maintaining current interest rates if disinflationary trends continue. He noted that while inflation remains above the 2 percent target, recent data shows some moderation. Waller also cautioned that a "hot" August inflation report could lead him to consider a rate hike at the upcoming September FOMC meeting. This statement offers insight into potential future monetary policy.