WS #12014

22:32→23:02 UTC

From 500 msgs · 7 key-dev

Fed Governor Waller warns the Fed may need to raise rates 'in the near term' if inflation remains elevated, ahead of June CPI data.

Fed Hawkish Warning

Fed Governor Waller warns the Fed may need to raise rates 'in the near term' if inflation remains elevated, ahead of June CPI data.