Fed's Christopher Waller backs 50 bps rate cut
Fed Governor Waller expressed support for a 50 basis point rate cut and said that recent inflation data supports the decision. Waller mentioned that a fortnight ago he had considered a 25 basis point rate cut as a good option, but remained open to a more substantial 50 basis point cut.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Brazil WhatsApp malware attacks target crypto wallets and bank accounts
Aster launches Machi mode to reward liquidated traders, paying tribute to Machi Big Brother
21Shares Solana ETF listed, US Solana spot ETF sees single-day net inflow of $55.61 million