More from Fed's Waller – September is a live meeting for a rate hike
<p>Federal Reserve Board Governor Christopher Waller speaks on his economic and policy outlook before the Money Marketeers of New York University.</p><p>From the Q&A now:</p><ul><li> September is a live meeting for monetary policy</li><li>
Biggest shock is job market, economy strength in face of rate rises</li><li>Strong balance
sheets enable economy to weather strong fed rate hikes</li><li>Economy could still
face turbulence as Fed works inflation down</li><li>Money in Fed reverse
repo is equivalent to bank reserves</li><li>A soft landing for the economy is still possible</li></ul><p>Earlier:</p><ul><li><a href="https://www.forexlive.com/centralbank/feds-waller-says-he-is-in-favour-of-raising-the-fed-funds-rate-at-the-july-fomc-meeting-20230713/" target="_blank" rel="follow" data-article-link="true">Fed's Waller says he is in favour of raising the Fed Funds rate at the July FOMC meeting</a></li></ul>
This article was written by Eamonn Sheridan at www.forexlive.com.
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