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Fed’s Waller Says 50-Basis-Point December Hike Should Be Considered

Federal Reserve Governor Christopher Waller said a 50-basis-point rate increase should be considered in December if core inflation remains elevated, ahead of the October CPI report.

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Federal Reserve Governor Christopher Waller said on Tuesday that a 50-basis-point interest-rate hike should be considered in December if core inflation remains elevated, ahead of the closely watched October consumer price index (CPI) report.Speaking at the Bank of England Watchers Conference in Lon…

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