Waller: If there is another hot reading on core inflation this week, the Fed will need to consider raising rates

Fed's Waller is speaking and gives a hawkish view of policy If there is another hot reading on core inflation this week, the Fed will need to consider raising rates in the near term. Would need to see several months of lower core inflation to gain confidence inflation is moving in the right direction. Concerned about the elevated pace of core inflation. The…

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