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Federal Reserve Governor Christopher Waller, citing a string of data showing that inflation appears to be easing, said Tuesday that he does not think further interest rate increases will be necessary. However, the policymaker added he will need some convincing before he backs cuts anytime soon. “Central bankers should never say never, but the data suggests ...
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post: FED’S WALLER: POLICY WILL HAVE TO ‘BITE’ TO BRING INFLATION DOWN - CNBC post: <=USD>:*FED'S WALLER: DATA IS NOT LOOKING LIKE WE NEED TO RAISE RATES *FED'S WALLER: I THINK MONETARY POLICY IS TIGHT ENOUGH *WALLER: STARTING TO SEE POLICY PUT DOWNWARD PRESSURE ON DEMAND *WALLER: IF DATA WARRANT, COULD CONSIDER CUT AT END OF THIS YEAR post: *FED'S WALLER: IDEA OF ONLY ONE CUT DOESN'T MAKE A LOT OF SENSE