TLDR Fed Governor Stephen Miran called for a 50 basis point rate cut in December, saying 25 basis points should be the minimum Miran dissented at both September and October FOMC meetings, making him the only member to vote for larger cuts this year CME FedWatch shows 62. 6% probability of a 25 basis point cut [.] The post Fed Governor Miran Calls for 50 bps Rate Cut in December appeared first on CoinCentral.
The Fed is so divided that the next vote on rates could result in an unprecedented tie, analysts say. ‘Then things would get really messy’
Capital Economics sketched out a potential scenario where six Fed policymakers vote to keep rates steady while six vote to cut them again.