Nick Timiraos: Waller Prefers to Keep Interest Rates Unchanged, Decision Depends on August Inflation Data

Wall Street Journal reporter Nick Timiraos stated that Federal Reserve Governor Waller's overall stance has not fundamentally changed since July, but his policy inclination has shifted: from previous concerns and a tendency to tighten monetary policy, to a current cautious optimism and a preference to keep interest rates unchanged. The final decision will depend on the August inflation data. His response path for the September 15th-16th policy meeting is already quite clear: if inflation continues to move toward the 2% target, interest rates will remain unchanged; if the August inflation data is high, a rate hike will be considered.