ECONOMY & MARKETS

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The Federal Reserve headquarters in Washington on Sept. 16 2015.

Fed Should Lift Rates A Full Percentage Point By Mid-year -Waller

Federal Reserve Governor Christopher Waller on Thursday laid out the case for a "concerted" effort to rein in inflation, calling for raising interest rates a full percentage point by mid-year, starting with a half-percentage-point hike in March if data in coming weeks continues to point to an "exceedingly hot" economy.
The Federal Reserve building is seen in Washington, U.S., January 26, 2022.

Ukraine Crisis May Slow, But Not Stop, Fed Hiking

The U.S. Federal Reserve's battle against inflation, already complicated by the unpredictable impact of a once-in-a-century pandemic, now faces a likely energy price shock and another layer of uncertainty following Russia's military move into Ukraine.
A worker climbs a cylinder at a gas compressor station at the Yamal-Europe pipeline near Nesvizh, some 130 km (81 miles) southwest of Minsk December 29, 2006.

Prices Spike On Russian Invasion Of Ukraine

British and Dutch gas prices closed 40-60% higher on Thursday, along with gains in oil, European power and other commodities, after Russian forces launched an invasion of Ukraine.
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Factbox-How Dependent Is Germany On Russian Gas?

Russian forces invaded Ukraine on Thursday, sending European gas prices higher and increasing the focus on gas supply in countries including Germany, which is Europe's largest economy and imports most of the gas it consumes.

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