Episode

Waller Eyes Rate Hold on Inflation Cooling | Business and Finance News

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
Sep 3, 2026
Duration seconds
91
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Summary

Federal Reserve Governor Christopher Waller is signaling a cautious hold on interest rates for September, confident that recent inflation cooling trends—especially in the three-month rate—are showing real progress. He believes current rates are effectively slowing the economy without overreaching, and while inflation remains above target, signs of disinflation are encouraging. Waller downplays concerns about tariffs and energy prices, noting they haven’t significantly disrupted broader economic activity. His stance contrasts with Fed Chair Kevin Warsh’s more hawkish tone last week, which had markets bracing for a potential hike. Waller emphasized he’s open to adjusting policy if inflation data reverses course ahead of the September 15-16 meeting, but for now, he’s leaning toward maintaining status quo as long as the incoming CPI and PPI reports support continued momentum. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/868647683e1ad8ef