Waller: Cost of Living May Be a More Urgent Issue Requiring Fundamental Policy Reform

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On April 21, Federal Reserve Chair nominee Waller stated that the cost of living may be a more urgent issue that requires fundamental policy reform and a new inflation framework. He noted that the Fed’s adherence to its forecasts has lasted longer than it should have. When asked about his investments, he indicated that he has agreed to sell assets in accordance with an agreement reached with the ethics office.

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