Fed/Waller: I am 'more comfortable' considering 50 bp interest rate hike

Federal Reserve chief Christopher Waller said Wednesday that looking ahead to the December meeting, data in recent weeks has made him "more comfortable" to consider cutting interest rates to a 50 basis point hike, after consecutive 75 basis point increases in recent decisions. At an event at the University of Arizona, the leader weighed in, and said he will not…