Daily brief: September 3, 2026
One release September 3, 2026: Waller inclined to hold rates if incoming data keep showing disinflation. 4 figures below, each with the source it came from and whether it was found there.
Waller inclined to hold rates if incoming data keep showing disinflation
Federal Reserve Governor Christopher Waller, in prepared remarks for a Reuters NEXT Newsmaker interview on September 3, said that while inflation remains meaningfully above the FOMC's 2 percent goal, recent data suggest signs of disinflation. "If this continues in the data due over the next two weeks, I would be inclined to support holding the target for the federal funds rate at its current setting." He added that if incoming August data show the improvement has been fleeting, "it may be appropriate to raise the policy rate when the FOMC meets on September 15 and 16." He said 12-month PCE inflation was 3.7 percent and core PCE 3.3 percent, and that three-month core inflation was 3.05 percent through July, down from 4.76 percent in February.
- FOMC inflation goal, as stated by Waller
- 2%
- PCE inflation, 12-month, as stated by Waller
- 3.7%
- Core PCE inflation, 12-month, as stated by Waller
- 3.3%
- Three-month core inflation, as stated by Waller
- 3.05%
Source: The Economic Outlook and Some Comments on My Policy Communication — Board of Governors of the Federal Reserve System. Also: Fed's Waller open to leaving rates unchanged in September if inflation cools.
all 4 figures found at the source
- found FOMC inflation goal, as stated by Waller = 2% — at Board of Governors of the Federal Reserve System
- found PCE inflation, 12-month, as stated by Waller = 3.7% — at Board of Governors of the Federal Reserve System
- found Core PCE inflation, 12-month, as stated by Waller = 3.3% — at Board of Governors of the Federal Reserve System
- found Three-month core inflation, as stated by Waller = 3.05% — at Board of Governors of the Federal Reserve System
5 further items were researched for this day and held back: their figures could not be found at the named source by the automated pass, so they are not published here.
Items report what the named sources published in the window; they are not this site's own findings, and a source's framing is not a verdict on who owns the money supply. Figures are as those sources printed them. The methodology says how this page is made and what is checked.