WASHINGTON (Reuters) – Federal Reserve Governor Chris Waller said on Friday he supports a “significant increase” in the Fed’s target policy rate when U.S. central bankers meet on Sept. 20-21.
“Based on what I know today, I support a significant increase at our next meeting…to get the policy rate to a setting that is clearly restricting demand,” Waller said in comments prepared for delivery to the Institute for Advanced Studies in Austria.
(Reporting by Howard Schneider; Editing by Chizu Nomiyama)
