{"id":662390,"date":"2026-09-03T12:45:00","date_gmt":"2026-09-03T12:45:00","guid":{"rendered":"https:\/\/buglecall.org\/?p=662390"},"modified":"2026-09-03T12:45:00","modified_gmt":"2026-09-03T12:45:00","slug":"feds-waller-pushed-rate-hike-hopes-lower-after-stating-the-obvious","status":"publish","type":"post","link":"https:\/\/buglecall.org\/?p=662390","title":{"rendered":"Fed’s Waller Pushed Rate-Hike Hopes Lower After Stating The Obvious"},"content":{"rendered":"

Fed’s Waller Pushed Rate-Hike Hopes Lower After Stating The Obvious<\/span><\/p>\n

\n

A top Federal Reserve official said he would be \u201cinclined\u201d to keep interest rates on hold<\/strong>, highlighting divisions among the US central bank\u2019s governors as they prepare for a crucial vote this month.<\/p>\n

Outspoken Fed Governor Chris Waller clarified this morning what many knew… that\u00a0he would support holding rates steady at the central bank’s meeting in two weeks if August inflation data continue the recent progress seen in June and July, but that he could favor a rate increase if that progress reverses.<\/p>\n

Recent data have shown signs of improvement on inflation, and “if this continues in the data due over the next two weeks, I would be inclined to support holding the target for the federal funds rate at its current setting,”<\/strong> Waller said in remarks during a Reuters virtual event.<\/p>\n

Additionally,\u00a0he offered some optimism that price pressures were showing signs of improvement.<\/p>\n

\n

\u201cWhile inflation remains meaningfully above the Federal Open Market Committee\u2019s 2% goal, recent data suggest we are finally seeing some signs of disinflation,<\/strong>\u201d he said.<\/em><\/p>\n<\/blockquote>\n

The remarks marked a slight shift in tone from July,<\/strong> when Waller said the Fed was at “a crossroads” and, sounding less patient, said the central bank would need to consider tightening if evidence materialized of firmer inflation<\/p>\n

And that slight shift pushed rate-hike odds for September back to a coin-flip…<\/p>\n

\"\"<\/a><\/p>\n

Market bets on a rate rise moved dramatically after a hawkish speech at Jackson Hole by Fed chair Kevin Warsh last week.<\/p>\n

Warsh said the Fed had \u201cwork to do\u201d unless there was swift progress in bringing prices under control.<\/strong><\/p>\n

Three of the 12 voters on the FOMC backed a quarter-point rate rise at the central bank\u2019s last meeting in July.<\/p>\n

Interestingly,\u00a0Waller said by communicating his outlook, businesses and households are offered a clearer picture of where policy may be headed. He also said there is a role for forward guidance.<\/p>\n

\n

\u201cI agree with Chairman Warsh that forward guidance isn\u2019t appropriate now or in many other situations,\u201d<\/strong> Waller said. <\/em><\/p>\n

\u201cBut when it is truly needed, I believe it should be used.\u201d<\/em><\/strong><\/p>\n<\/blockquote>\n

Waller’s remarks also pushed stocks up modestly and yields down more notably (especially at the short-end)…<\/p>\n

\"\"<\/a><\/p>\n

Gold and Bitcoin also gained.<\/strong><\/p>\n

So, everything hings of August’s inflation data (CPI next Friday).<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nThu, 09\/03\/2026 – 08:45<\/span><\/p>","protected":false},"excerpt":{"rendered":"

Fed’s Waller Pushed Rate-Hike Hopes Lower After Stating The Obvious A top Federal Reserve official said he would be \u201cinclined\u201d to keep interest rates on hold, highlighting divisions among the US central bank\u2019s governors as they prepare for a crucial vote this month. Outspoken Fed Governor Chris Waller clarified this morning what many knew… that\u00a0he… Continue reading Fed’s Waller Pushed Rate-Hike Hopes Lower After Stating The Obvious<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":662391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[17,22,13],"tags":[],"class_list":["post-662390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-border-security","category-immigration","category-immigration-reform","entry"],"_links":{"self":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/662390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=662390"}],"version-history":[{"count":0,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/662390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/media\/662391"}],"wp:attachment":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=662390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=662390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=662390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}