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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
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Fed Won't Raise Rates Until Taper Is Finished: Powell
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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.”