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03.05 - 12:35
Fed’s Waller Endorses Half-Point Rate Increase This Spring
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A Federal Reserve official endorsed raising interest rates by a half percentage point at the central bank’s policy meeting next month as part of a strategy to raise rates to a level designed to ease economic growth by the end of this year.
“We’re in a position where the economy is strong. This is a good time to do kind of aggressive actions because the economy can take it,” Fed governor Christopher Waller said during an interview Wednesday on CNBC.
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