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Federal Reserve officials sound warnings about higher rates.

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  • Federal Reserve officials sound warnings about higher rates.

    WASHINGTON (AP) — A run of strong economic data and signs that inflation remains stubbornly high could lead the Federal Reserve to raise its benchmark rate higher in the coming months than it has previously forecast, several Fed officials say. On Thursday, Christopher Waller, a member of the Fed's influential Board of Governors, said that if the economy continued to show strength and inflation remained elevated, the central bank would have to...
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