US Fed's Christopher Waller appeals to 'give disinflation a chance', hold rates steady

Federal Reserve Governor Christopher Waller expressed openness to steady interest rates, contingent on forthcoming inflation indicators showing a decline. However, if inflation persists, a rate hike in September can't be ruled out. He underscored the importance of inflation trends in shaping his policy decisions. The market has adjusted its expectations regarding potential rate changes, reflecting these sentiments.