Federal Reserve

September 3, 2026 13:06

The Macro Context of Waller’s Statement: Structural or Cyclical? Analyzing Global Debt and AI Demands in 2026

Fed Governor Waller's comments on potential rate hikes highlight the structural tension between inflation management and global debt servicing. The confluence of $300T in debt and AI compute demands mandates a mandatory upgrade to financial plumbing by 2026.