Federal Reserve Governor Christopher Waller said the central bank would need to consider a near-term interest rate increase if this week’s core inflation reading comes in high again, according to a report cited by ChainCatcher from Jin10. The remark ties the Fed’s next policy consideration directly to the upcoming inflation data. No additional timeline, policy decision, or market reaction was provided in the source brief. The statement was published by ChainCatcher under its policy and regulation category.
Federal Reserve Governor Christopher Waller said the Fed would need to consider a near-term rate hike if this week’s core inflation data comes in high again, according to Jin10, as cited by ChainCatcher.
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