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Fed's Waller says higher rates possibly needed in 'near term'
Federal Reserve Governor Christopher Waller signalled that interest rates may need to rise in the near term if inflation remains elevated. He warned that broadening price pressures and a potential surge in energy costs could delay progress toward the 2% target, keeping the Fed at a critical policy crossroads.
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economictimes.indiatimes.com
Fed officials fret over inflation risk, weigh rate hikes
Federal Reserve officials remain concerned about persistent inflation pressures. Incoming price reports will guide future interest rate decisions by policymakers. A divided…
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cfodive.com
Fed may need to raise benchmark rate as inflation heats up, Waller says
“Sternly staring at inflation until it melts before our withering gaze is not an option,” Federal Reserve Governor Christopher Waller said.
