The Fed: Fed’s Waller backs quarter-point rate hike at upcoming meeting

The Fed: Fed’s Waller backs quarter-point rate hike at upcoming meeting

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The Federal Reserve has raised interest rates significantly throughout the economy and now it the time to “slow, but not halt” the pace of increase, said Federal Reserve Governor Christopher Waller, on Friday. “I currently favor a 25-basis point increase at the FOMC’s next meeting at the end of…

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