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A Fed governor warned a rate hike might be coming — but said the central bank shouldn't overreact
Christopher Waller, a Fed governor, warned that a high core inflation reading could lead the FOMC to consider a rate hike at its late-July meeting, but cautioned against overreacting.
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Adjacent reporting
- Waller says Fed shouldn't 'fight the last war' on inflation but warns hikes still possible
- Top Fed official warns ‘hot’ inflation could trigger rate rise
- A hot inflation reading this week could mean a rate hike soon, Fed’s Waller says
- Kazaks Warns Against Assuming ECB’s Next Move Will Be a Hike
- ECB’s Kocher Warns Against Preemptive Rate Action on Uncertainty
- ECB’s Stournaras Says Central Bank ‘Should Wait’ on Rate Hike