The Federal Reserve cut rates by 25 basis points at its October meeting. One person who dissented to the cut was Federal Reserve Governor Stephen Miran, who wanted to cut rates by 50 basis points. In a wide-ranging interview with Yahoo Finance Federal Reserve Reporter Jennifer Schonberger, Miran weighs in on the latest ADP jobs report, his reasoning for wanting a larger rate cut, and why he is “more sanguine on the inflation outlook” than many of his colleagues.
Key video moments:
0:00 Miran talks jobs outlook, ADP report
5:41 Concerns about tariff uncertainty
7:50 Why Miran wants a larger rate cut
10:33 Miran on a December rate cut
12:37 Miran breaks down how he views the September CPI print, inflation
For more Market Catalysts videos and the latest on the Federal Reserve, please visit: https://finance.yahoo.com/videos/series/market-catalysts/
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