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
Data: A certain bitcoin whale has unrealized short profits exceeding $57 million
Data: Whale who profited $24.48 million from shorting withdrew 57,700 ETH from an exchange this morning
Data: Ark Invest increases its holdings by more than 380,000 shares of Bitmine stock again
Trending news
MoreCrypto prices
More
