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Federal Reserve Governor Waller: Setting a precise inflation target is too stringent.Federal Reserve Governor Waller: I would prefer to set the inflation target as a range, but adjusting the inflation target at this stage would undermine the credibility of the Federal Reserve.Federal Reserve Governor Waller: I think Federal Reserve Chairman Warsh was reiterating his commitment to the 2% target.Federal Reserve Governor Waller: It is reasonable to consider setting an inflation target range.Federal Reserve Governor Waller: The Federal Reserve will not deliberately maintain low interest rates in order to help the U.S. government finance its fiscal deficit.