RenMac: Renaissance Macro Research(@RenMacLLC):Waller: "I am concerned that the recent acceleration in inflation—after what soon will be five and a half years of it above the FOMC's target—will lead consumers, investors, and price-setting businesses to revise up their expectations for future inflation." Compare and contrast to last November ... "the Fed needs a better reason than inflation having been above target for 5 years to not cut rates."

RenMac: Renaissance Macro Research

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RenMac: Renaissance Macro Research@RenMacLLC

2026.10.08 12:49

Waller: "I am concerned that the recent acceleration in inflation—after what soon will be five and a half years of it above the FOMC's target—will lead consumers, investors, and price-setting businesses to revise up their expectations for future inflation." Compare and contrast to last November ... "the Fed needs a better reason than inflation having been above target for 5 years to not cut rates."

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