More Fed officials back a big July rate hike

Christopher Waller, a Fed governor, testifies before the Senate Banking Committee in Washington, Feb. 13, 2020. Waller and other Fed officials have signaled their support of another sharp interest rate hike in July. (NYT Photo: Erin Schaff)

July 8, 2022
1:22 pm

Two Federal Reserve officials expressed support Thursday for making a second large rate increase at the central bank’s upcoming meeting.

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