The Federal Reserve's blackout period on public comment around meetings of the U.S. central bank lifts on Friday after a key interest rate decision earlier in the week, with Governor Chris Waller scheduled to appear on CNBC at 11:30 a.

Federal Reserve Governor Christopher Waller said favorable inflation data, and not worries about the labor market, are what convinced him to support policymakers’ decision to lower interest rates by a half percentage point this week.

Federal Reserve Governor Christopher Waller said Friday he backed a 50-basis-point interest-rate cut at this week's Federal Open Market Committee meeting, citing a steeper-than-expected decline in inflation.

The U.S Federal Reserve's blackout period on public comment around meetings of the central bank lifts on Friday after a key rate decision earlier in the week, with Governor Chris Waller scheduled for an 11:30 a.