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Fed Official Signals Potential Rate Hike
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Fed Official Signals Potential Rate Hike
A Federal Reserve policymaker has indicated a possible shift towards raising interest rates amid escalating tensions involving Iran and the resultant surge in energy prices. Governor Christopher Waller stated that the risk of persistent inflation has led him to reconsider his support for potential rate cuts, suggesting caution is now warranted. The remarks signal a notable change in market expectations, with traders now pricing in increased odds…
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