Economics

Waller Backs 75 Basis-Point July Hike, Says Fed Is ‘All In’

  • Fed governor says massive fear of recession ‘a bit overblown’
  • ‘I don’t care what’s causing inflation, it’s too high’: Waller
Yellen Says High Inflation Locked In for the Rest of 2022
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Federal Reserve Governor Christopher Waller said he would support another 75-basis-point rate increase at the central bank’s July meeting should economic data come in as he expects.