Fed's Christopher Waller backs 50 bps rate cut

Fed's Christopher Waller backs 50 bps rate cut

Bitget2024/09/20 16:21

Fed Governor Waller expressed support for a 50 basis point rate cut and said that recent inflation data supports the decision. Waller mentioned that a fortnight ago he had considered a 25 basis point rate cut as a good option, but remained open to a more substantial 50 basis point cut.

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Machi's ETH long positions were liquidated early this morning, incurring a loss of $20.62 million since the sharp drop on October 11.

Data: The total assets of the "1011 Flash Crash Short Insider Whale" have increased to $665 million, with an unrealized loss of $15.23 million on ETH holdings.

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