Waller Casts Doubt on Upcoming Rate Hike

Federal Reserve Board of Governors member Christopher Waller is an outspoken member of the Fed's seven-person governing board, and his recent remarks suggest that a rate hike later this month may not be certain. In an interview, he mentioned that a rate increase was 'not a done deal' at this time.

The comments from Waller come as investors are closely watching for signs of potential interest rate changes by the Federal Reserve. The Fed has been hinting at raising rates to combat inflation and stabilize the economy, but some members have expressed differing views on when and how much to increase rates.