Fed's Waller says policy is restrictive but not enough to cause a recession

WASHINGTON, Jan 8 (Reuters) - Current Federal Reserve interest rates are restrictive and thus continue to slow inflation, but are not so tight that they will cause a recession, Fed Governor Christopher Waller said on Wednesday.

The current benchmark rate set in a range from 4.25% to 4.5% is "restrictive but not enough to throw us into a recession," said Waller, comments consistent with a Fed outlook for a continued drop in inflation alongside continued economic growth.

(Reporting by Howard Schneider; Editing by Andrea Ricci)

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