Free Trial
US TSYS/SUPPLY

WI 30Y Bond

OPTIONS

Full Range Of German Contracts

MEXICO

Banxico Decision In 90 Minutes

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI: Waller Sees Fed Hikes 'Into Early Next Year'

(MNI) WASHINGTON

With labor markets still quite tight, Fed should be 100% focused on inflation, Governor Waller says.

Federal Reserve Governor Christopher Waller said Thursday he expects to raise interest rates "into early next year" to fight inflation and that market volatility and liquidity strains won't sap the Fed's resolve to do so.

With labor markets slowing a bit but "still quite tight," the September jobs report due Friday won't alter his view that the Fed should be 100% focused on fighting inflation, Waller said.

Keep reading...Show less
432 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Federal Reserve Governor Christopher Waller said Thursday he expects to raise interest rates "into early next year" to fight inflation and that market volatility and liquidity strains won't sap the Fed's resolve to do so.

With labor markets slowing a bit but "still quite tight," the September jobs report due Friday won't alter his view that the Fed should be 100% focused on fighting inflation, Waller said.

Keep reading...Show less