Fed should lift rates a full percentage point by mid-year -Waller

Fed should lift rates a full percentage point by mid-year -Waller

Federal Reserve Governor Christopher Waller on Thursday laid out the case for a “concerted” effort to rein in inflation, calling for raising interest rates a full percentage point by mid-year, starting with a half-percentage-point hike in March if data in coming weeks continues to point to an “exceedingly hot” economy…