Fed Governor Miran wants a half-point cut this month, while Waller backs another quarter-point move

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.

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