"Top Fed Official Advocates for Continued Interest Rate Increases"
TL;DR Summary
Fed governor Christopher Waller said he is ready to approve another interest-rate increase as recent banking-system stresses haven’t produced a significant pullback in lending while high inflation remains supported by strong growth. Waller believes that monetary policy needs to be tightened further until he sees inflation moving meaningfully and persistently down toward their 2% target.
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- Top Fed official sees need for more interest rate increases The Associated Press
- Waller: Recent data show Fed hasn't made much progress on inflation, more hikes needed ForexLive
- Fed needs to keep raising interest rates, Waller says MarketWatch
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