Fed Governor Waller: A 50 basis point rate cut is appropriate as we are currently in a strong economic phase

BlockBeats news, on September 20, when asked about the 50 basis point rate cut, Fed Governor Waller said, "This is the right number. We are 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 this goal. I mentioned in my speech two weeks ago that a 25 basis point rate cut is a good option, but I am also open to 50 basis points. The inflation data prompted me to support a 50 basis point rate cut. The speed of inflation decline is much faster than expected. "(Jinshi)