Federal Reserve Governor Waller Says Fed Won't Deliberately Maintain Low Rates to Finance Fiscal Deficits

According to Odaily and Jin10, Federal Reserve Governor Christopher Waller stated that the Fed will not intentionally maintain low interest rates to help the U.S. government finance its fiscal deficit. Waller also indicated that setting an inflation target range is reasonable, though he noted that adjusting the inflation target at this stage could undermine the Fed's credibility.
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