A post by @FirstSquawk on X.
FED'S WALLER SAYS I DON'T THINK ANY OF MY FED COLLEAGUES THINK WE ARE IN THE RIGHT PLACE ON RATES
@FirstSquawk on X
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Fed Governor Christopher Waller said he does not believe any of his colleagues on the Federal Open Market Committee think policy rates are currently in the right place, signaling broad support for further tightening. The remark, delivered via a First Squawk headline, implies the committee sees the current fed funds target as too accommodative rather than near a resting point. It matters because Waller is a influential voice on the FOMC, and his framing suggests the debate is about how far rates must rise, not whether they should. Traders will watch upcoming FOMC statements and the dot plot for confirmation that the committee's median projection shifts higher.
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Named in this story
Christopher Waller, Federal Reserve