Analyst: Waller Just Rehashing Old Lines

On August 28, Eugene Epstein, head of trading and structured products at Moneycorp in Stamford, Connecticut, commented on Federal Reserve Chair Waller's remarks:

"We'll see what impact this has on next month's meeting. But I feel like I'm watching him give the same speech for the fourth, maybe even fifth time now. Because frankly, he does say they'll focus on inflation. But he won't provide forward guidance, and inflation isn't moving in the direction they want."

[BlockBeats]