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Yeshiva World News · Oct 9, 2026

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Federal Reserve Governor Christopher Waller says additional interest rate hikes may be needed to bring inflation back to the Fed’s 2% target, but the increases do not have to come at consecutive meetings. Waller said policymakers will weigh incoming economic data before deciding when to act. The Fed’s benchmark rate is currently between 3.75% and 4%.

Federal Reserve Governor Christopher Waller says additional interest rate hikes may be needed to bring inflation back to the Fed’s 2% target, but the increases do not have to come at consecutive meetings. Waller said policymakers will weigh incoming economic data before deciding when to act. The Fed’s benchmark rate is currently between 3.75% and 4%.

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