Fed Governor Waller Says Rate Projections Signal Path Without Locking Moves

Federal Reserve Governor Christopher J. Waller said the central bank’s rate projections can guide markets toward policymakers’ likely destination while preserving flexibility as economic conditions change. Waller made the remarks Oct. 8 while discussing the Federal Reserve’s quarterly Summary of Economic Projections. “The Summary of Economic Projections (SEP) is serving that signaling role for policymakers,” he said. The September projections showed 16 of 18 participants expected at least one more rate increase during the two remaining Federal Open Market Committee meetings in 2026. Four participants projected two additional increases. The Federal Open Market Committee voted 12-0 on Sept.

Source: TokenPost