Fed’s Waller turns cautious on rate cuts and worries about a ‘lasting increase in inflation’
Fed's Waller cautions on rate cuts due to inflation risks from oil prices and tariffs.
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fed governor chris waller turned cautious on rate cuts, warning that recent oil price surges and lingering tariff effects could lead to a more lasting increase in inflation. he specifically cited the price surge tied to the war in iran. this could force the fed to eschew further interest-rate cuts.
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