Federal Reserve Governor Waller: Will support a 25 basis point rate hike next month, and 50 basis points if necessary.

BlockBeats news, November 10 - Federal Reserve Governor Waller recently stated in a speech: "The Federal Reserve will need to tighten policy further. U.S. inflation is too high, and the September inflation data was poor. I am particularly concerned about the broad-based spread of price increases. Even if October CPI improves compared to September, I will still support a 25 basis point rate hike in December. If the October core CPI increase is around 0.3% or higher, the Federal Reserve may need to raise rates by 50 basis points in December." (Jinshi)