[Federal Reserve Governor Waller Says No Need to Consider Rate Hikes] On March 20, Federal Reserve Governor Waller stated that if oil prices remain elevated for several months, it could feed into core inflation. He emphasized that maintaining caution at present does not mean there will be no policy adjustments for the rest of the year and said he does not see the need to consider rate hikes. Additionally, if the labor market weakens, he would advocate for rate cuts later this year, preferring to observe developments before making a decision.