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Federal Reserve Governor Christopher Waller is scheduled to talk Friday at 1 p.m. earlier than the Council on International Relations in New York. Afterwards, CNBC’s Steve Liesman will conduct a question-and-answer session.
Waller’s remarks are the final earlier than Fed officers enter a blackout interval previous to their Jan. 31-Feb. 1 coverage assembly. Markets extensively anticipate the rate-setting Federal Open Market Committee to lift its benchmark rate of interest one other quarter proportion level, taking it to a goal vary of 4.5%-4.75%.
Different Fed officers in current days have stated they assume charges nonetheless must go greater, however in smaller increments than the hikes that boosted the fed funds charge by 4.25 proportion factors in 2022.
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