Federal Reserve Governor Christopher Waller indicated on Thursday he would support holding interest rates steady at the September meeting if upcoming inflation data continues to show a cooling trend. Waller cited recent encouraging signs of slowing inflation as justification for a more cautious approach to future rate hikes. He emphasized the importance of continued monitoring of economic data, particularly regarding the labor market and consumer spending. While not ruling out another rate increase later in the year, Waller suggested the Fed has made significant progress in curbing inflation. His comments offer a potential shift in tone from some previously hawkish Fed officials. This signals a growing possibility the central bank may pause its aggressive rate-hiking campaign. The remarks were made during a speech, influencing market expectations regarding future monetary policy.