Fed Governor Waller Opposes FOMC, Calls for 25bps Rate Cut

The evidence overwhelmingly and consistently supports the statement that Federal Reserve Governor Christopher Waller supported a 25 basis point interest rate cut. Multiple high-authority primary sources directly corroborate this claim. The New York Times and the specialized publication Central Banking explicitly report that Waller voted for or advocated for a quarter-point cut. Financial news organization Schwab Network's social media posts on both X (Twitter) and Facebook also directly state that Waller dissented from the majority decision in favor of a 25 bps cut. Further supporting this, other sources provide strong corroborating evidence. American Banker's live coverage notes that Waller voted against the majority, which held rates steady, implying he favored a change. Analyses from PIMCO and commentary noted by Fidelity and Mohamed El-Erian all point to Waller taking a significant, dissenting position consistent with the claim. There is no conflicting evidence among the relevant sources provided; all point to the same conclusion. The only irrelevant source was a social media post about a different individual. The high number, credibility, and perfect alignment of the sources make the statement highly likely to be true.