Federal Reserve Governor Christopher Waller says his stance on interest rates at the September Federal Open Market Committee (FOMC) meeting will depend heavily on upcoming August inflation data, including the CPI report expected next week. He adds that little additional information could be enough to shift his view toward supporting a rate increase at the Sept. 15–16 meeting.
Both outlets report that Waller frames the decision as closely tied to the data released during the next two weeks. Quartz characterizes his comments as signaling support for holding rates at the September meeting, depending on how the inflation figures come in. Bloomberg emphasizes that the September outcome could swing toward a hike, noting that even small changes in the inflation outlook might affect his vote.
Overall, the sources agree on Waller’s central point: his decision is data-dependent, with August CPI acting as a key factor in his assessment for September policy.