Fed Governor Waller said Tuesday he does not think further interest rate increases will be necessary.
Federal Reserve Governor Christopher Waller, citing a string of data showing that inflation appears to be easing, said Tuesday that he does not think further interest rate increases will be necessary.
"The economy now seems to be evolving closer to what the Committee expected," he said."Nevertheless, in the absence of a significant weakening in the labor market, I need to see several more months of good inflation data before I would be comfortable supporting an easing in the stance of monetary policy."showed inflation running at a 3.4% rate from a year ago, down slightly from March, with the 0.
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