Christopher Waller, a member of the Federal Reserve board of governors, said Tuesday that he may support a half-point interest rate hike next month, depending on what economic data indicates. The Hill reported the remarks in a story by Max Rego.

According to The Hill, Waller made the comments during the Bank of England Watchers' Conference. The outlet reported that Waller said he is "leaning toward" supporting an increase even if inflation data for October shows an improvement over September.

The Hill's headline characterizes the remarks as opening the door to a half-point hike in December. The summary of the story describes Waller's position as conditional on incoming data. The headline is more definitive than the summary's description of his view.

The summary available for this report ends mid-sentence, so it does not provide the specific inflation figures for September or October. It also does not say how other members of the Federal Reserve view a December move, or state the current benchmark interest rate. Those details are not in the source material used for this story.

Waller's remarks, as summarized by The Hill, tie the possible decision to coming economic readings rather than to a fixed commitment. The outlet's reporting presents his comments as an indication of how he may weigh the next month's data, though the summary does not say he has reached a final view.

Sources: The Hill: Fed’s Waller opens door to half-point rate hike in December.