Fed Governor Miran says job losses in February add to the case for more interest rate cuts

Fed Governor Miran says job losses in February add to the case for more interest rate cuts


Key Points
  • Federal Reserve Governor Stephen Miran said in a CNBC interview on Friday that the weak February jobs report bolsters the rationale for the central bank to lower interest rates further.
  • If Miran had his way, the rate would be around neutral, which he deems to be about a full percentage point lower.



Source

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