Fed’s Miran sees China trade tensions as a further reason for quick interest rate cuts

Key Points

Fed Governor Stephen Miran said the latest impasse in trade talks between the U.S. and China poses new dangers to the economic outlook and makes the case for rate cuts even more urgent.
Miran has advocated for another 1.25 percentage points in cuts on top of the quarter-point move the Federal Open Market Committee approved in September.

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