# Fed Governor Waller Urges Caution in Fighting Inflation Christopher Waller advises against hasty actions in combating inflation. - **Source:** [US Top News and Analysis](https://brifing.si/source/635540e9-943e-450d-ae52-ae0bfe3b67eb) - **Published:** 2026-07-13 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/597d9f2a-616d-49c2-b808-bfdff3dd37cd ## Learn from Past Mistakes in Inflation Fight Fed Governor Christopher Waller emphasized learning from past mistakes in fighting inflation. He noted that the delayed response in 2021 should not be repeated. ## Impact of AI and Other Factors Waller explained that inflation is not just tied to energy prices but also to factors like artificial intelligence. He stressed the need to consider these new dynamics. ## Possibility of Rate Hike Remains Waller stated that while inflation could decrease, a scenario of rising inflation is also possible. In such a case, a rate hike might be necessary. ## Labor Market and Inflation Expectations Waller mentioned that the strong labor market is not a source of inflation and that inflation expectations are well-anchored. However, he warned against complacency. ## Consumer Price Index Expectations Waller noted expectations for a decline in the June Consumer Price Index. However, he stressed the need to observe several months of decline. ## Focus on Fed's July Meeting The probability of a rate hike at the Fed's late July meeting is estimated at 39%. Waller indicated that the policy rate could remain at its current level. ## Sources covering this story - https://www.cnbc.com/2026/07/13/waller-says-fed-shouldnt-fight-the-last-war-on-inflation-but-warns-hikes-still-possible.html — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._