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Fed Officials Reject Keeping Rates Low to Finance Deficit, Differ on Inflation Target Range

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2026-07-06 16:40:53
Federal Reserve Governor Christopher Waller said the central bank will not intentionally keep interest rates low to help the U.S. government finance its fiscal deficit.

According to NS3.AI, Waller also said it is reasonable to consider an inflation target range.

Fed Chair Kevin Warsh said that changing the inflation target at this stage would undermine the Federal Reserve’s credibility.
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