Fed’s Miran would back 25-bp rate cut if he were ’marginal vote’ - BBG TV
NeutralFinancial Markets

- Miran's comments suggest a potential shift in the Federal Reserve's approach to interest rates, particularly if he holds a marginal voting position. This highlights the internal dynamics of the Fed as it navigates economic challenges.
- The possibility of a rate cut is significant as it could influence borrowing costs and economic activity, impacting various sectors including housing and consumer spending.
- Current market sentiment is mixed, with some analysts reassessing their forecasts for a December rate cut following strong jobs data, which has led to increased uncertainty about the Fed's next moves.
— via World Pulse Now AI Editorial System




