Fed Governor Waller Rejects Deliberate Low Rates for Fiscal Deficit Financing
2026-07-07 00:23

Woofun AI reports that Federal Reserve Governor Christopher Waller affirmed the central bank will not intentionally maintain low interest rates to assist in financing U.S. fiscal deficits. He indicated that considering an inflation target range is reasonable, though Chair Warsh reiterates commitment to the 2% goal. Waller warned that adjusting the inflation target at this stage would undermine the Fed's credibility.

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Christopher Waller
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