The David Lin Report · Tuesday, July 14, 2026
Fed Governor Chris Waller indicated that if inflation data comes in hot, he would be inclined to raise interest rates at the end of the month. This statement suggests a potential shift in Federal Reserve policy, moving away from forward guidance.
“Particularly Chris Waller, Fed governor, which today said that if we get a hot CPI tomorrow, he'd be inclined to possibly raising interest rates at the end of the month.”
“So this concept of no more forward guidance, uh, we're sort of kicked to the curb today by Chris Waller.”