Another Fed Official Says More Rate Hikes are Needed to Tame Inflation

Source: International Business Times

Fed Governor Christopher Waller echoed other officials in saying more interest hikes are needed to tame inflation. Kevin Dietsch/Getty Images Federal Reserve Governor Christopher Waller became the latest official to call for more interest rate hikes to tame inflation. Speaking to a Central Bank of Turkey forum in Istanbul, Waller said that while such decisions "do not need to come at consecutive meanings" following September's hike, they "should be in place in an acceptable period of time.