Waller's first response echoes his June speech: criticizes forward guidance and omits mention of economic outlook

According to Golden Ten Data on July 1, in the first response during the panel discussion, Walsh's remarks were very similar to what we saw at the June interest rate decision: he maintained his criticism of forward guidance (which is part of his push for "institutional reform"), but refrained from providing any details on his current view of the economic outlook. We will have to wait and see if he will share more insights on the economy later.