[Former New York Fed Chief Economist: Fed Led by Waller Will Keep Interest Rates Unchanged] According to a report by Golden Finance, on July 16, former New York Fed Chief Economist Hodge stated that in the foreseeable future, the Federal Reserve may lean toward the price stability aspect of its 'dual mandate.' Hodge mentioned that the Fed, under Waller's leadership, will keep interest rates unchanged as they observe whether the impact of external price pressures gradually diminishes.