Fed’s Waller: More Rate Hikes Needed but Bank Credit Tightening Will Help Curb Inflation
By Steven K. Beckner (MaceNews) – Federal Reserve Governor Christopher Waller said Friday that the Fed still needs to raise short-term interest rates further and leave them high for longer than many anticipate, but said tightening bank credit will likely lessen how much monetary policy will need to be tightened. Although headline inflation numbers have […]