Fed's Waller: Forward Guidance Can be Valuable Tool

Dow Jones07-06 23:09

1109 ET - Federal Reserve governor Christopher Waller says forward guidance could be a valuable tool that at times significantly strengthened policymaking. Speaking at a conference in Rome, Italy, Waller says forward guidance "will continue to be useful," for the central bank, although there have been times when it has hindered, rather than helped policymaking. "When it works, forward guidance can change economic conditions more quickly than adjusting the policy rate alone," according to published text of his remarks. Waller's comments come as Fed chairman Kevin Warsh has a preference for no forward guidance from the central bank.(jessica.coacci@wsj.com)

(END) Dow Jones Newswires

July 06, 2026 11:09 ET (15:09 GMT)

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