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Waller backs December rate hike and considers larger move if October core CPI tops 0.3 percent, Waller says

Waller backs December rate hike and considers larger move if October core CPI tops 0.3 percent, Waller says
Waller open to larger December rate hike

Federal Reserve Governor Christopher Waller stated he supports a December rate hike and would consider a 50 basis point increase if October core consumer price index (CPI) exceeds 0.3 percent.

Frederik Ducrozet highlighted Waller's remarks, pointing out that just two months ago Waller had referenced a different CPI threshold.

Ducrozet has previously reported on central bank officials' readiness to respond to changing conditions. In a recent article, he covered Klaas Knot's statement that the ECB would consider introducing a new, tailor-made tool if needed. No independent intervention has yet been announced.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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