Tags: federal reserve interest rate hikes | christopher waller | inflation

Fed's Waller: Biggest Shock Is Jobs, Economy Might

Fed's Waller: Biggest Shock Is Jobs, Economy Might
Federal Reserve Board of Governors member Christopher Waller (Patrick Semansky/AP)

Friday, 14 July 2023 09:14 AM EDT

Federal Reserve Governor Christopher Waller said Thursday “the biggest surprise” for him is that the economy has weathered aggressive rate hikes so well.

Waller, speaking at an event in New York, said the job market and overall economy have proved very resilient in the face of Fed action. But he warned smooth sailing so far doesn’t mean “something might not happen” as Fed takes action to get inflation back to 2%.

© 2024 Thomson/Reuters. All rights reserved.


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Federal Reserve Governor Christopher Waller said Thursday "the biggest surprise" for him is that the economy has weathered aggressive rate hikes so well.
federal reserve interest rate hikes, christopher waller, inflation
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2023-14-14
Friday, 14 July 2023 09:14 AM
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