India, Nov. 10 -- The U.S. dollar strengthened against other major currencies in the European session on Tuesday, following hawkish remarks from Federal Reserve Governor Christopher Waller.
Waller stated that since the U.S. job market is doing well and inflationary pressures are strong, more interest rate increases are required.
The policymaker also cautioned that that "half-point Fed rate hike may be needed in December, if October core CPI inflation comes in around 0.3 percent or higher".
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