Fed Governor Waller: We Are Not Super Hawks, Will Not Raise Rates by 150 or 200 Basis Points

On November 10, Federal Reserve Governor Waller stated, "We need to at least reverse the three previous preemptive rate cuts. We are not extremely hawkish; we simply do not want to damage the economy or see it plummet sharply. We will not raise interest rates by 150 or 200 basis points." (Jin10)