Christopher Waller of the Federal Reserve (U.S. central bank) said policymakers could raise interest rates again if inflation remains elevated as energy prices rise amid the Iran conflict.
Federal Reserve Governor Christopher Waller said the Federal Reserve (U.S. central bank) could raise interest rates again if inflation remains elevated, with rising energy prices tied to the Iran conflict identified as a potential driver. The comment points to the risk that geopolitical pressure on energy markets could complicate the Fed’s effort to bring inflation under control. Higher rates typically tighten financial conditions across global markets, including digital assets, by increasing borrowing costs and reducing appetite for riskier investments.