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Waller

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economy2 months ago

Fed Officials Diverge on Rate Cuts Amid Trade and Tensions Concerns

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.