Federal Reserve Governor Christopher Waller said he’s willing to consider what would be the most aggressive interest rate hike in decades at the central bank’s meeting later this month. While Waller said he supports a 75 basis point hike at the July 26-27 meeting, he will be watching data and keeping an open mind about what the Fed should do to control inflation, which is running at its fastest pace since 1981. “My base case for July depends on incoming data,” he said in remarks at an event in Victor, Idaho. “We have important data releases on retail sales and housing coming in before the July meeting. If that data ... (full story)