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News articleYahoo Finance· May 23, 2026

Another top Fed official resets rate-cut bets

View original at finance.yahoo.com
Another top Fed official resets rate-cut bets After months of market expectations of rate cuts this year, Federal Reserve Governor Christopher J…
Opening lines of the source · Yahoo Finance · short snapshot — read the full document at the original

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  • High oil prices driven by the Iran War could dissipate quickly depending on the length of the conflict

    60% confidence
  • The Fed's current wait-and-see stance of holding rates steady is appropriate until the true inflationary impact of the Iran War becomes clearer

    60% confidence
  • Longer-term monetary tightening may be necessary if supply-shock inflation from the Iran War does not prove transitory

    60% confidence
  • Inflation is not moving in the right direction

    60% confidence
  • Rate hikes can no longer be ruled out if inflation does not abate soon

    60% confidence
  • Waller would not hesitate to support a rate hike if inflation expectations become unanchored, but such action is currently premature

    60% confidence

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