New York, Nov 10, 2026 (AFP) - Top Fed official backs December interest rate hike

NAMPA / AFP

2026-11-10

A top Federal Reserve official said Tuesday that the US central bank must act swiftly and forcefully to address inflation, signaling plans to back an interest rate hike in December. "Inflation remains too high," Fed Governor Christopher Waller said during an address in London. "Monetary policy will be needed, sooner rather than later, to return inflation to a path that will reach two percent in the medium term." The speech came a few hours ahead......

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