Fed's Miran says policy too restrictive, Goolsbee says he's focused on inflation
Update: 2025-11-03
Description
Fed Officials Clash Over Interest Rates: A Half-Point Cut vs. CautionFederal Reserve officials are divided on the next move for interest rates, with some advocating for a more aggressive approach and others urging caution. Governor Stephen Miran pushes for deeper cuts, while Chicago Fed President Austan Goolsbee warns against further reductions due to high inflation. San Francisco Fed chief Mary Daly supports last week's cut but keeps an open mind for December. The split among top officials reflects uncertainty about the economy's future, with investors and businesses eagerly awaiting signals on the Fed's next move.
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