Waller's "no increase" forms "6 to 5"! The key factor in determining whether the Federal Reserve will raise interest rates in September is actually: Powell?
Bianco Research founder Bianco stated that Waller has expressed a preference to maintain interest rates, and the voting pattern for the Federal Reserve's September meeting currently stands at 6 votes (to maintain) against 5 votes (to raise). The position of Governor Powell remains unclear, and he may become the key figure in making the final decision. With less than two weeks until the meeting, the probability of a rate hike is actually close to 50/50, and Powell's silence has become a source of uncertainty.
