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Fed Governor Hints At Raising Interest Rates This Fall

Ben Zeisloft
Fed Governor Hints At Raising Interest Rates This Fall
Stefani Reynolds/Bloomberg via Getty Images

Federal Reserve Board of Governors member Christopher Waller hinted that the central bank may begin tapering its aggressive quantitative easing.

As The Daily Wire reported, the Federal Reserve has repeatedly decided that it would not amend its near-zero interest rate target and $120 billion monthly bond purchases — both of which are meant to increase the money supply in order to encourage economic activity — despite an inflation rate that has risen throughout much of 2021.

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