MACRO
Fed Officials Warn They May Need to Lift Rates to a Higher Peak
Governor Christopher Waller said Thursday that if payroll and inflation data cool after hot prints in January, "then I would endorse raising the target range for the federal funds rate a couple more times, to a projected terminal rate between 5.1% and 5.4%."
Waller's speech followed comments by Atlanta Fed President Raphael Bostic, who told repo...