Fed's Waller Reaffirms Commitment to Taming Inflation
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Federal Reserve Governor Christopher Waller reiterated the Fed's determination to bring inflation down to 2% target.
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Waller said price stability is a primary responsibility of the Fed, which is why they have taken forceful steps to reduce inflation.
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Waller said the Fed will stay on the job to achieve the inflation objective.
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Waller finds policy rules literature useful, including the Taylor principle on responding to inflation deviations.
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Waller has advocated for Fed interest rate hikes that have brought rates above recent core PCE inflation.