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Fed’s Waller flags widespread inflation, hints at tighter policy ahead

Fed’s Waller flags widespread inflation, hints at tighter policy ahead
AI summary

Federal Reserve Governor Christopher Waller warned that inflation is widespread and hinted at tighter monetary policy ahead. Traders read the comments as a signal that rate hikes could stay on the table, which typically pressures risk assets including crypto. No specific figures or policy actions were announced, so the market impact depends on how the Fed follows through.

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