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Fed’s Waller Says Tougher Action May Be Needed if Inflation Deviates From Target

Fed Governor Chris Waller said the Fed may need more aggressive monetary action if inflation continues moving away from its target, ahead of October CPI data.

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The US Federal Reserve will need to take more aggressive monetary policy action if inflation continues to move away from its target, Fed Governor Chris Waller said on Tuesday ahead of the release of October consumer price inflation data."Inflation looks like it's starting to go away from our target…

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