Federal Reserve Governor Christopher Waller on Friday said current economic conditions are complicating the approach to interest rates, with policymakers facing a potentially long-lasting inflation shock and a labor market with no job growth that nonetheless appears stable. Against that backdrop, Waller said the Fed could have to stay on hold for a prolonged period until the economic direction becomes clearer.
Read more: CNBC Bonds
Read more: CNBC Bonds
Planning a project in your community?
Talk with our municipal advisory team about financing options.
