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Fed’s Waller says the economy is ‘ready to rip’ but policy should stay put – CNBC

Federal Reserve Governor Christopher Waller told CNBC there’s “no reason to be pulling the plug” on policy support.

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Federal Reserve Governor Christopher Waller said Friday he sees the U.S. economy as set to take off, though not at a fast enough pace that the central bank should start tightening policy.
“I think the economy is ready to rip,” Waller told CNBC’s Steve Liesman during a “Squawk on the Street” interview. “There’s still more to do on that, but I think everyone’s getting a lot more comfortable with having the virus under control and we’re starting to see it in the form of economic activity.”
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