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Fed could deliver large rate hike if CPI runs hot, Governor Waller says

Fed could deliver large rate hike if CPI runs hot, Governor Waller says
Fed may hike rates in December

Federal Reserve Governor Christopher Waller has indicated that a rate hike is likely at the central bank's December meeting and said he would support a 50-basis-point increase if the latest Consumer Price Index report shows high inflation.

Ryan Fournier urged people to prepare for higher rates, suggesting markets may be underestimating upcoming monetary policy moves.

Fournier previously reported that Elon Musk acquired a stake in CNN's parent company, an event that received positive remarks from former President Donald Trump. He has also covered regulatory actions, such as the $1.21 billion fine imposed on Bank of America for lapses in reporting suspicious transactions. Recent updates from Fournier continue to focus on significant movements and oversight in major U.S. institutions.

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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