Christopher Waller, governor of the U.S. Federal Reserve, stated that he would consider supporting a rate hike in September if August’s inflation data shows a significant increase. The Fed kept interest rates steady in the 3.50%-3.75% range at its July meeting, marking the fifth consecutive hold. Inflation remains above the Fed’s 2% target. Market participants will closely monitor the upcoming August inflation data, which could influence the Fed’s decision on potential policy tightening.
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