Federal Reserve Governor Waller: Supports Fed 25 Basis Point Rate Cut in September Meeting

BlockBeats News, August 29, Federal Reserve Governor Waller stated that he supports a 25 basis-point rate cut at the Fed's September meeting and expects further cuts in the next 3-6 months. He does not see the need for a larger rate cut in September unless the August jobs report shows a significant economic weakness while maintaining good inflation control. (FXStreet)