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August inflation data potentially reduces the scope for RBI to remain on hold for long.
Bond bears are pushing benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data that stands to determine expectations for a Federal Reserve interest-rate hike next week. Bloomberg MLIV's David Savage reports. (Source: Bloomberg)
Federal Reserve Governor Christopher Waller said his next decision on interest rates will be โheavily influencedโ by August inflation data due next week. Waller says if inflation comes in hot, he'd consider a rate hike. Waller said this in remarks prepared for an event hosted by Reuters. Bloomberg's Michael McKee reports. (Source: Bloomberg)
Federal Reserve Governor Christopher Waller said his next decision on interest rates will be โheavily influencedโ by August inflation data due next week, adding it may not take much to nudge him toward supporting a rate hike at the Fedโs upcoming policy meeting.