Fed's Waller Comments:Credit card and auto loan delinquency rates suggest some consumers are under stress.Will be closely watching how private domestic final purchases fare in the second quarter.Wage growth is still a bit higher than desired, but not excessively high.Data on spending and the labor market suggest monetary policy is appropriately set to put downward pressure on inflation.The economy seems to be evolving closer to what the Fed expected.Data suggests inflation isn't accelerating.April inflation data suggests progress toward the 2% target has likely resumed, but progress was modest.Further increases in the policy rate are probably unnecessary.An exception would be a significant w
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