Fed’s Waller: 50 bps cut was the right move

https://www.fxstreet.com/news/feds-waller-50-bps-cut-was-the-right-move-202409201726
Federal Reserve (Fed) Board of Governors member Christopher Waller noted on Friday that while the Fed’s decision to cut interest rates by an accelerated 50 bps, the Fed’s data-dependent approach could mean that the next meeting will be a pause as policymakers await further data…