URGENT-Fed's Waller: Don't expect current oil price shock to have persistent impact on inflation - BBG TV

WASHINGTON, March 6 (Reuters) - Rising gas prices following the U.S. launch of airstrikes against Iran may be a shock to consumer, but the global jump in oil prices is not likely to lead to persistent inflation or warrant a change in monetary policy, U.S. Federal Reserve Governor Christopher Waller said on Friday.

"You're going to see a spike in gasoline prices. That's what American citizens are going to see when they go to the pump, and they're going to stare and be a little shocked," Waller said on Bloomberg Television. "If it's unwound in ... a couple of weeks or even two months, it's not going to be a big factor down the road."