[Federal Reserve Governor Waller: Not Extremely Hawkish, Will Not Raise Rates by 150 or 200 Basis Points] Federal Reserve Governor Waller stated that the 0.3% month-on-month increase in the US October CPI indicates that inflation is deviating from the target, requiring more aggressive policy action. He believes that we will not see widespread productivity gains from artificial intelligence in the short term. Waller stated that he is not extremely hawkish; we do not want to severely damage the economy and at least need to reverse the previous three precautionary rate cuts; he will not raise interest rates by 150 or 200 basis points. (Cailian Press)