NEW YORK (Reuters) – The latest round of economic data gives the Federal Reserve (Fed) leeway to decide whether to raise interest rates further, the U.S. central bank governor said on Tuesday. , Christopher Waller.
Recent economic news “will allow us to proceed with caution,” he said in an interview with CNBC television, adding that “there is nothing to say that we have to do something imminent in the future. close, so we can just wait for the data and see if things continue” on their current trajectory.
Christopher Waller was speaking following the release last Friday of data showing the US economy continued to add jobs at a healthy pace in August, even as the jobless rate rose to 3.8% , against 3.5% the previous month.
This jobs report fueled market expectations that the Fed is done with rate hikes.
“I want to be very careful before saying that we have kind of finished the job,” Christopher Waller said on Tuesday, adding that he wanted to see “a few months continue on this trajectory before saying that we have finished doing anything. “.
(Report Michael S. Derby; Diana Mandiá, edited by Blandine Hénault)
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