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Fed Officials Signal Conditional Rate Hikes as Crucial Inflation Data Looms

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The Story

News Summary

  • Federal Reserve policymakers, including Waller and Barr, signal readiness to consider interest rate hikes if upcoming inflation reports remain elevated.
  • However, officials emphasize strict data dependency, leaving policy action uncertain ahead of the mid-September FOMC meeting as markets await key CPI, PPI, and jobs data.
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