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The Wall Street Publication > Blog > Business > Fed Officials Offer Clues on Rate Outlook in First Appearances Since Policy Meeting
Business

Fed Officials Offer Clues on Rate Outlook in First Appearances Since Policy Meeting

Editorial Board Published December 17, 2021
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Fed Officials Offer Clues on Rate Outlook in First Appearances Since Policy Meeting
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In their first public comments since the Federal Reserve monetary policy meeting this week, some central bank officials on Friday talked up the prospect of raising their now near-zero short-term rate target over the course of the new year.

While the data will ultimately drive what the Fed does, “given my expectations for inflation and labor market conditions, I believe an increase in the target range for the federal-funds rate will be warranted shortly after our asset purchases end,” Fed governor Christopher Waller said in virtual remarks to a group in New York.

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