Federal Reserve Governor Chris Waller made comments on Sunday reiterating that the Federal reserve isn’t done with its hawkishness. Waller said the US has “a long, long way to go to get inflation down.” He also added that interest rates are “going keep going up and they are going to stay high for a while until we see this inflation get down closer to our target.”
The dollar recovered some of last week’s losses following Waller’s comments but remains weaker than both sterling and the euro overall.
