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Economics

Waller Backs March Fed Liftoff, Daly Sees Two or Three ’22 Hikes

U.S. is ‘closing in’ on maximum employment, Waller says
Omicron could add to inflation pressure if constraints worsen

Video player cover image — Fed Won't Raise Rates Until Taper Is Finished: Powell

By

Olivia Rockeman and

Matthew Boesler

December 17, 2021, 6:00 PM UTCUpdated onDecember 17, 2021, 9:06 PM UTC

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Federal Reserve Governor Christopher Waller said a faster wind-down of the U.S. central bank’s bond-buying program positions it to start raising interest rates as early as its March meeting to contain inflation that is “alarmingly high.”