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Fed's Waller sees 'significant' rate hike this month, backs data-dependent approach

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Christopher Waller, U.S. President Donald Trump's nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday, Feb. 13, 2020. Andrew Harrer | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller on Friday echoed recent sentiments from his colleagues, saying he expects a big interest rate increase later this month. He also said policymakers should stop trying to guess the future and instead stick to what the data is saying. related investing news Tough Fed rate talk pushes Wall Street economists into expecting a big hike this month Jeff Cox 20 hours ago Cathie Wood calls for a significant Fed policy pivot in three to six months, says deflation looms Yun Li a day ago "Looking ahead to our next meeting, I support another significant increase in the policy rate," Waller said in remarks prepared for a speech in Vienna. "But, looking further out, I can't tell you abou...