Waller Eagle: If inflation data are strong in August, consideration will be given to supporting interest rate hikes in September

On 3 September, Federal Reserve Commissioner Waller: If the August inflation data continue with recent progress, it will support the maintenance of policy interest rates. If inflation data were strong in August, consideration would be given to supporting a higher interest rate in September. A more restrictive policy stance may be underpinned without the need for a significant acceleration of inflation。