Fed Governor Waller: 50 bps rate cut is appropriate, in the midst of a robust economy
Bitget2024/09/20 16:23
Asked about the 50 basis point cut on 20 September, Fed Governor Waller said, ‘That's the right number. We're in a strong phase of the economy and we want to keep it that way. 50 basis points is the right policy move to achieve that. In my speech a fortnight ago, I mentioned that a 25 basis point cut would be a good option, but I was also open to a 50 basis point cut. The inflation data has led me to support a 50 basis point cut. Inflation has come down much faster than expected.’
1
0
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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$90,590.45
-1.02%
Ethereum
ETH
$2,995.8
-1.34%
Tether USDt
USDT
$1
+0.05%
XRP
XRP
$2.21
+0.46%
BNB
BNB
$877.1
-1.57%
Solana
SOL
$136.97
-2.95%
USDC
USDC
$0.9999
+0.01%
TRON
TRX
$0.2811
+0.28%
Dogecoin
DOGE
$0.1493
-0.86%
Cardano
ADA
$0.4177
-1.75%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now