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Fed’s Christopher Waller Says He Is Prepared for Longer Inflation Fight
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Federal Reserve governor Christopher Waller said inflation doesn’t look poised to rapidly fall to the central bank’s 2% target, leaving policy makers with more work to do as they try to bring rising prices under control.
“Some believe that inflation will come down quite quickly this year,” Mr. Waller said Wednesday at an Arkansas State University agribusiness conference in Jonesboro, Ark. “That would be a welcome outcome. But I’m not seeing signals of this quick decline in the economic data, and I am prepared for a longer...
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