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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
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There will be a lot of attention on tomorrow’s release of the FOMC Minutes, even though not much happened then. Essentially, the last time around, the Fed simply punted the decision forward by a month. That was after three months in which headline inflation had been ticking higher, even though the core rate kept coming down. Now, the situation is a little ...
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