Federal Reserve Governor Christopher Waller: Inflation increases economic uncertainty, supports maintaining interest rates unchanged for a period of time

Federal Reserve Governor Cooke stated support for maintaining interest rates unchanged for a period of time, emphasizing that the inflation expectations indicators among the American public have recently risen. She pointed out that commodity price inflation has rebounded, and consumers' expectations for price increases in the short and long term have increased. The University of Michigan survey shows that the expected annual inflation rate over the next 5 to 10 years is 3.9%. Cooke believes that the current level of interest rates remains restrictive for the economy, making it appropriate to maintain existing policies to monitor economic data and policy effects