[Waller Signals Hawkish Stance, Believes Current Financial Conditions Are Not Restrictive] BlockBeats News, August 28: In a speech that was more hawkish than many market participants had anticipated, Federal Reserve Governor Christopher Waller listed a series of indicators showing strong economic conditions, including high corporate profits, stable consumer spending, and narrowing credit spreads. Waller stated: 'In my view, the credit and loan markets show little evidence that monetary policy is exerting restrictive effects. Overall, I find it difficult to describe the current overall financial conditions as restrictive.' This statement has bolstered Wall Street's bets on further rate hikes by the Federal Reserve.