US Federal Reserve Governor Christopher Waller anticipates additional interest rate increases in the near future, citing persistently high inflation in the United States. Speaking in New Delhi, Waller emphasized the need to further tighten monetary policy to bring inflation back down to the Fed’s 2% target. He acknowledged that while some indicators suggest inflation is cooling, overall levels remain elevated, requiring continued pressure on the economy. Waller refrained from specifying the size or timing of future rate hikes, stating decisions will depend on incoming economic data. He stressed the importance of preventing a situation where inflation becomes entrenched. Waller's comments underscore the Federal Reserve's commitment to controlling inflation despite potential economic slowdown risks in the US economy.