The Federal Reserve's “microphone” Nick Timiraos said: Federal Reserve Governor Christopher Waller's core position has not fundamentally changed since July, but his attitude has changed: in July, he was worried and biased towards tightening the policy, but now his attitude tends to be optimistic and inclined to keep interest rates unchanged. Everything will depend on August inflation data. He gave a very clear policy response logic to the September 15-16 interest rate meeting: inflation continues to advance towards the 2% target = keep interest rates unchanged; August inflation data is overheated = “I will consider raising interest rates.”

The Federal Reserve's “microphone” Nick Timiraos said: Federal Reserve Governor Christopher Waller's core position has not fundamentally changed since July, but his attitude has changed: in July, he was worried and biased towards tightening the policy, but now his attitude tends to be optimistic and inclined to keep interest rates unchanged. Everything will depend on August inflation data. He gave a very clear policy response logic to the September 15-16 interest rate meeting: inflation continues to advance towards the 2% target = keep interest rates unchanged; August inflation data is overheated = “I will consider raising interest rates.”