Fed Chair Waller's First FOMC Appearance Leaves Markets Divided Over Policy Stance

According to analyst Andrew Sacher, Federal Reserve Chair Waller's first FOMC meeting appearance in June has left markets divided over whether he leans hawk or dove, as internal disagreement persists on rate hikes versus maintaining current levels. To buy time for deliberation, Waller has established five working groups to examine key Fed issues while balancing statements aimed at reassuring the committee's hawkish members concerned with price stability and Fed independence from the administration.
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