Federal Reserve Governors Stephen Miran and Christopher Waller provided conflicting views on how quickly the central bank should lower interest rates in the face of a weakening labor market and heightened geopolitical tensions.
Miran said Thursday he plans to repeat his push for a half percentage point interest rate cut when the Fed meets later this month...
Miran said Thursday he plans to repeat his push for a half percentage point interest rate cut when the Fed meets later this month...
Key Points
- Fed
Governor Stephen Miran said Thursday he plans to repeat his push for a
half-percentage-point interest rate cut when the central bank meets
later this month.
- Governor Christopher Waller advocated a
quarter-percentage-point reduction at the meeting later this month, a
position that appears more in line with the Fed consensus.
- Earlier this week, Fed Chair Jerome Powell indicated that a softening labor market kept the door open to additional easing.
...more
RSK: I am in the camp that it will probably be a 1/4 cut, but there will be one or two more 1/4 cuts.
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- - Volume: 25 - WEEK: 43 Date: 10/21/2025 8:51:11 AM -