Waller opposes maintaining interest rates unchanged, consolidating the Federal Reserve Chair competition

ChainCatcher News, according to Jinshi, Principal Asset Management's Global Chief Strategist Hima Shaa stated that Federal Reserve Board Member Waller's dissent against the Fed's decision to keep interest rates unchanged solidifies his position in the race for Fed Chair. Shaa pointed out that over time, Waller's argument that policy needs to be more neutral may gain more support, especially as signs of a cooling labor market become more conclusive and the downward trend in inflation continues.
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