Fed Governor Waller sees December hike likely, opens door to possible half-point increase

Federal Reserve Governor Christopher Waller said Tuesday he supports an interest-rate hike in December and would back a half-percentage-point increase if inflation continues to accelerate. Bloomberg reported Waller stated the larger move would be needed to protect the central bank's credibility, while CNBC reported he is "leaning toward" a rate increase with the half-point option dependent on inflation data. MarketWatch reported the half-point possibility would depend on October consumer price data.

• Bloomberg — Fed’s Waller Backs December Rate Hike, Says Open to Larger Move
• CNBC — Fed Governor Waller sees December hike likely, opens door to possible half-point increase
• MarketWatch — Fed’s Waller puts half-point rate hike into the mix for December
• Bloomberg — Fed's Waller Supports Rate Hike in December

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