Federal Reserve governor Christopher Waller's stance on interest rates will be influenced by upcoming economic data. His decision to support a rate hike or not largely hinges on the inflation report. Borrowing costs currently have a limited impact on demand.

The government's release of August inflation figures will be closely watched. If inflation appears to be slowing, Waller may support keeping interest rates unchanged.

Further details on Waller's remarks are available, providing insight into the potential direction of interest rates later this month.