Fed's Waller says "still no rush" to lower rates after "disappointing" U.S. inflation figures

Federal Reserve Governor Christopher Waller believes there is no rush to lower U.S. central bank interest rates, stressing that recent economic data justifies delaying or reducing the number of cuts planned for this year. "In my view, it is appropriate to reduce the overall number of rate cuts or delay them further into the future in response to recent data," the…