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Top Fed official warns ‘hot’ inflation could trigger rate rise
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NEWSDECK ANALYSIS
The US Federal Reserve, led by Chairman Jerome Powell, has been closely monitoring inflation rates in recent months, as it considers its monetary policy decisions. As a member of the Federal Reserve's Board of Governors, Christopher Waller's comments carry significant weight in shaping the central bank's approach to managing the economy. The Fed's decision to raise interest rates would have implications for global financial markets and the US economy, potentially affecting borrowing costs and economic growth.
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FT UK
Top Fed official warns ‘hot’ inflation could trigger rate rise
Christopher Waller says a further elevated reading may prompt central bank to tighten policy
13 Jul, 17:23
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