Why it matters
Higher interest rates can raise borrowing costs for households and businesses and affect financial markets. The scale and timing of any increase remain undecided.
What happens next
Waller said his position depends on economic data; the articles do not report a final Federal Reserve decision. Policymakers are due to consider rates in December.
Inflation data available before the December meeting
Whether Waller and other policymakers continue to favor a December increase
The Fed’s decision on the size and timing of any rate move