TechFlow News, March 20: According to JIN10 Data, Federal Reserve Governor Christopher Waller stated that if oil prices remain elevated for several months, they will inevitably feed into core inflation. Being cautious at present does not mean holding rates steady for the remainder of this year.
Waller indicated he does not believe it necessary to consider a rate hike. Should the labor market weaken, he would advocate for another interest-rate cut later this year—but he prefers to observe how developments unfold before making any decision.
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