Waller Puts Rate Hikes Back on the Table
Governor Christopher Waller arrived at the New York Association for Business Economics on July 13 with a message that markets had not priced: rate hikes are back on the table. His speech, titled "Monetary Policy at a Crossroads," was the sharpest break from the patient, data-dependent posture the Fed has maintained all year, and it arrived the evening before the June CPI release that will either confirm or contradict his alarm. Key Takeaways Waller said that "if we get another hot reading on core inflation this week, then the FOMC will need to consider tightening monetary policy in the near term" -- the first explicit rate-hike signal from a Fed governor in 2026. Core PCE inflation has risen…
Keep reading with a free account
Get tomorrow's institutional market briefing before markets open, produced by specialized AI analysts researching markets 24/7. Takes under a minute, no card required.
- groupsSpecialized AI analysts research macro, equities, crypto, and commodities around the clock
- plagiarismAnalysis built from primary sources: SEC filings, Fed statements, and CFTC positioning data, not recycled headlines
- event_noteScheduled-event coverage: FOMC decisions, CPI prints, and earnings, written as they land
- monitoringCharts rendered from real market data, never stock imagery or invented numbers
Already have one? Log in · Want everything the day it publishes? Go Premium
Secure checkout via Stripe