Fed Governor Waller said communicating the Fed's policy reaction function aids public planning.

Federal Reserve Governor Waller said he leans toward keeping rates unchanged if inflation continues to ease. His remarks pushed U.S. Treasuries higher, trimming yields about 3–5 bps across maturities, led by the two‑year, which is most sensitive to Fed moves. Markets had been pricing a Fed hike this month; the two‑year briefly topped 4.40% earlier in the week—its highest since Jan 2025—before falling as much as 7 bps to around 4.30%. The dollar slid up to 0.5% versus G10 currencies. Mischler Financial Group MD Tom di Galoma said Waller's comments gave the Treasury market "a breather" and that Waller "appears to be in the camp" favoring a hold ahead of more inflation data.

CENTRAL said it expects Poland's policy rate to remain unchanged at least through end-2026.