Washington, United States, March 20, 2026 (AFP) - US Fed Governor Waller sounds alarm on inflation risk due to Iran war

NAMPA / AFP

2026-03-20

US Federal Reserve Governor Christopher Waller on Friday said he was concerned about the impact of the US-Israel war on Iran on inflation due to the prolonged closure of the Strait of Hormuz. Waller, who has since last year backed interest rate cuts over labor market concerns, said he changed his mind in the last two weeks on the pace of easing due to inflation risks. "Since that time the Strait of Hormuz was closed, this is looking like it's goi......

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