Fed’s Waller Supports 0.75-Percentage-Point Rate Hike in July

Federal Reserve governor Christopher Waller said that if the economy performs in line with his expectations, he would support raising interest rates by another 0.75 percentage point at the central bank’s meeting next month.

“The Fed is ‘all in’ on re-establishing price stability,” Mr. Waller said in remarks prepared for delivery at a conference in Dallas on Saturday.

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