Wall Street ends sharply higher after Waller supports steady Fed rate
U.S. stocks rallied as Fed Governor Christopher Waller said he would support holding the Fed funds target rate steady if data shows inflationary pressures are abating, easing rate-hike fears.
By Stephen Culp and Niket NishantWall Street rallied on Thursday as investors curbed their rate hike bets after U.S.
Federal Reserve Governor Christopher Waller said he would support holding the Fed funds target rate steady if data shows inflationary pressures are abating.All three major U.S. stock…