Fed’s Miran Says He’d Favor Half-Point Rate Cut in December
Federal Reserve Governor Stephen Miran said better-than-expected inflation data and signs of continued weakness in the job market call for a third consecutive interest-rate cut in December.
By Maria Eloisa Capurro · Bloomberg Markets
Federal Reserve Governor Stephen Miran said better-than-expected inflation data and signs of continued weakness in the job market call for a third consecutive interest-rate cut in December.