A hot inflation reading this week could mean a rate hike soon, Fed's Waller says

Fed Governor Christopher Waller said the Fed may need to raise interest rates soon if this week’s inflation readings disappoint. This reinforces a hawkish risk to the near-term rates path, which typically pressures bond yields and rate-sensitive equities.

Analysis

Fed Governor Christopher Waller said the Fed may need to raise interest rates soon if this week’s inflation readings disappoint. This reinforces a hawkish risk to the near-term rates path, which typically pressures bond yields and rate-sensitive equities.