Fed Governor Waller Advocates Holding Rates Steady Amid Persistent Middle East Energy Shock
May 22, 2026
May 22, 2026
WASHINGTON, May 22 -- Federal Reserve Governor Christopher J. Waller delivered a lecture at the European Central Bank in Frankfurt, Germany, warning that prolonged supply disruptions from the Middle East conflict have heightened risks of persistent inflation.
Waller stated that rising energy and commodity prices are driving up headline inflation and bleeding into other consumer goods, forcing him to support a pause in interest rate cuts. While acknowledging that recent data shows t . . .
Waller stated that rising energy and commodity prices are driving up headline inflation and bleeding into other consumer goods, forcing him to support a pause in interest rate cuts. While acknowledging that recent data shows t . . .