Fed Governor Waller: Inflation data supports a 50 basis point rate cut

Fed Governor Waller (when asked about the 50 basis point rate cut) said that this is the right number. He said that inflation data prompted him to support a 50 basis point rate cut, and added that he had mentioned in his speech two weeks ago that a 25 basis point rate cut was a good option, but he was also open to a 50 basis point rate cut. (Jinshi)