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Fed Warns: Inflation Could Force Rate Hike | Durham News
Federal Reserve Governor Christopher Waller is warning that if inflation data—especially the upcoming CPI—stays stubbornly high, the Fed may have to raise rates again, even as they’ve been cautious to avoid hurting the job market. With inflation still above target and energy costs and tech investments adding pressure, Waller’s caution echoes past mistakes: the Fed’s delayed response during the pandemic led to aggressive hikes and recession fears. While the economy currently looks strong, Waller’s message is clear—don’t repeat history. The Fed is watching closely, ready to act if inflation…
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