Waller's Rate Hike Decision Hangs in Balance with Upcoming Inflation Report

Federal Reserve governor Christopher Waller has expressed uncertainty about whether he will support an interest rate hike later this month. The decision will largely depend on an inflation report scheduled for release next week.

In a statement, Waller emphasized the importance of the upcoming inflation data in making his decision. He stated that the report will play a significant role in determining whether or not to increase interest rates.