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More from Fed’s Waller – chance of a soft landing falls the more aggressive Fed has to be | Forexlive

Earlier:

Fed’s Waller wants continued rate hikes until meaningful, persistent progress on inflation

Governor Christopher Waller is a member of the Federal Reserve Board of Governors, more remarks:

  • the longer inflation stays up and the more aggressive the Federal Reserve has to be the less likely a soft landing will be
  • I think there is a chance we can pull off a soft landing
  • want to get rates positive so they have a real bite on inflation
  • market are expecting real rates to be positive and to continue to rise next year
  • had much more faith in achieving a soft landing back in May and June
  • we are not getting the break on inflation that we all thought we we would

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