Washington, Sept. 4 -- Federal Reserve Governor Christopher Waller said the inflation data for August will play a major role in determining whether he supports keeping interest rates unchanged or raising them at the US central bank's September meeting.

As per an official statement, Waller said recent data had shown some signs of easing inflation, but the upcoming data would be important in deciding the next policy move.

"My decision on the appropriate stance of policy will be heavily influenced by what we learn about August inflation," Waller said.

The Federal Open Market Committee (FOMC) is scheduled to meet on September 15 and 16. Waller said that if inflation continues to move towards the Fed's 2 per cent goal, he would support keep...