Odaily Planet Daily News Fed Governor Waller said that the inflation data in the past three months were "very good" and that the Federal Reserve has finally achieved the good inflation levels we expect. If current trends continue, inflation will essentially return to target; the real economy is also doing well.
He also said: I think the Fed can start to observe and see the later development of interest rates from now on. Financial markets are tightening, which will "do some work for us." GDP growth in the third quarter could exceed 4% and the economy is really booming; it will be interesting to see how rising long-term interest rates affect Fed policy. Questions about the purpose of central bank digital currencies remain unanswered.
Separately, Waller said it's difficult to see a direct link between conflicts in the Middle East and Fed policy unless there is a broader conflict. (Golden Ten)