Waller Eyes Steady Rates as Inflation Eases
According to Daniel Lacalle, chief economist and investment manager at Tressis Gestion, Federal Reserve Governor Christopher Waller may hold interest rates steady if inflation continues to ease. In a recent development, Waller stated that his decision on rates will largely depend on the August inflation data scheduled for release next week.
Lacalle has highlighted concerns about higher public spending leading to increased debt and inflation in the U.S., as seen in his analysis for Tressis Gestion. He has also addressed the focus on the U.S. $40 trillion debt, warning of fiscal policy risks in a recent article.