Waller Backs Rate Cut
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inflationCNBC
•Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
73% Informative
Federal Reserve Governor Christopher Waller says inflation is falling even faster than he had expected.
Waller: Inflation in the Fed 's preferred measure is running below 1.8% over the past four months .
The Fed targets annual inflation at 2% , Waller said the data is what put him over the edge.
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