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Federal Reserve Governor Waller: The Fed will not deliberately maintain low interest rates

2026-07-06 16:23

Odaily Planet Daily News: Federal Reserve Governor Waller stated that the Federal Reserve will not deliberately maintain low interest rates to help the U.S. government finance its fiscal deficit, and that it is reasonable to consider setting a range for the inflation target. Federal Reserve Chairman Warsh is reiterating the commitment to the 2% target and prefers to set the inflation target as a range, but adjusting the inflation target at this stage would make the Federal Reserve lack credibility. (Jin Shi)