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Federal Reserve Governor Waller: Advocates for Rate Cut at December Meeting, Expects Inflation to Start Falling
BlockBeats News, November 24th - Federal Reserve Governor Waller stated that since the last Fed meeting, existing data shows little change and that inflation is not a major concern. January of next year will be challenging, with a large amount of data set to be released to assess the need for another interest rate cut. We need to evaluate on a meeting-by-meeting basis. Inflation has seen some increase, but I believe it will start to decrease. I personally advocate for an interest rate cut at the December meeting.
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