Federal Reserve Board Governor Christopher Waller with more:
- Economy has supported Fed's cautious approach
- Case for hiking rates is very remote
- Unclear if neutral rate has changed
- Dollar is still the dominant currency by far
- The economy is not giving the Fed a case to pursue big rate cuts
- Supply chain issues have abated in positive inflation development
- Baltimore port disaster is unlikely to cause big economic disruptions
- Still expects inflation pressures to wane
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Earlier:
![waldo](https://images.forexlive.com/images/wally_id_21b12024-75fd-4dc8-aec3-f7a521ba334a_original.jpeg)
Waller is over there in the Hawkish corner