Governor Christopher Waller is a member of the Federal Reserve Board of Governors.
Earlier remarks:
- Fed's Waller wants continued rate hikes until meaningful, persistent progress on inflation
- More from Fed's Waller - chance of a soft landing falls the more aggressive Fed has to be
He is still going:
- Its critical to get inflation down so expectations on inflation don't get unanchored
- we need to be aggressive, we've got to get inflation down to our target
- you could raise rates and pause, but what are you going to do then?
- its not clear why you would want to pause
- until we see any signs of inflation beginning to moderate the Fed should not pause
