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Waller Says Half-Point December Fed Hike May Be Needed

Federal Reserve Governor Christopher Waller said a half-point rate hike may be needed, depending on how hot October consumer-price data comes in.

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By Steve GoldsteinFed Gov. Christopher Waller said a half-point rate hike may be needed.Federal Reserve Gov. Chris Waller on Tuesday put the possibility of a half-point rate hike into the mix, depending how hot the consumer price data for October comes in.The yield on the 2-year U.S. Treasury BX:T…

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