Fed Governor Christopher Waller said yesterday, “It’s time to raise rates now when the economy can take it. Front-load it, get it done, and then we can judge how the economy is proceeding later, and if we have to do more, we’re going to do more.”
“The labor market is strong. The economy is doing so well,” he said. “This is the time to hit it if you think there’s going to be any kind of negative reaction, because the economy can take it.”
