Wu said that according to the WSJ, Federal Reserve Governor Christopher Waller indicated that he is inclined to support a rate cut at the central bank meeting later this month, but he also stated that he might accept the view of maintaining interest rates. He said: "Currently, I tend to support a rate cut at our December meeting." Due to the recent stubbornness of inflation, "Some might argue that skipping a rate cut at the next meeting is justified. But the policy is still tight enough, so another rate cut at our next meeting would not significantly change the stance of monetary policy."