Fed Governor Waller: FOMC May Need to Consider Hiking Rates Soon

BlockBeats News, July 14th, Federal Reserve Governor Waller stated that recently the range of core inflation has risen quite broadly, and inflationary pressures are not limited to individual areas.

Waller also mentioned that the Federal Open Market Committee (FOMC) may need to consider raising interest rates soon.

#Fed Governor Waller #FOMC

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After Waller's hawkish remarks, the market fully priced in a 25 basis point rate hike by the Fed in December.

Federal Reserve Governor Waller: Will support a 25 basis point rate hike next month, and 50 basis points if necessary.

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