Business

Fed Governor Warns of Inflation Risks

Updated 2026-07-13 16:40 UTC 2 sources Neutral

Fed governor Waller warned that inflation has expanded beyond typical drivers, suggesting the central bank should not 'fight the last war.' However, officials are divided on whether a rate hike is necessary.

Coverage timeline — 2 articles
MarketWatch
Fed officials are divided over whether the Fed will need to raise rates.
2026-07-13 16:32 UTC
CNBC
The Fed governor said inflation has expanded beyond the often-cited drivers such as the energy price spike in tariffs.
2026-07-13 16:33 UTC
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