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Stephen Miran wants a 50 bps rate cut in December and says a smaller move could be risky

Federal Reserve Governor Stephen Miran, who has strong support from President Donald Trump, said on Monday that he wants the central bank to cut interest rates by 50 basis points at the December meeting, arguing that the economy needs faster relief to avoid a slowdown. Miran explained this in an interview with CNBC, according to [...]

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