Fed Officials Diverge on Rate Cuts Amid Trade and Tensions Concerns
TL;DR Summary
Federal Reserve Governors Stephen Miran and Christopher Waller have differing views on the pace of interest rate cuts, with Miran advocating for a half-point reduction and Waller supporting a quarter-point cut, amid economic uncertainties and geopolitical tensions. The Fed's upcoming meeting on October 28-29 is expected to decide on rate reductions, with market expectations leaning towards a quarter-point cut.
- Fed Governor Miran wants a half-point cut this month, while Waller backs another quarter-point move CNBC
- Miran Says Trade Uncertainty Makes Fed Rate Cuts More Urgent Bloomberg.com
- US-China tensions pose potentially material risk to growth outlook, Fed's Miran says Reuters
- Trump’s Fed Goon Admits President Tanked the Job Market The Daily Beast
- Exclusive-Fed's Miran Says Not Focused on Asset Price Boom in Push for Lower Rates Money US News.com
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