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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Federal Reserve Governor Stephen Miran said better-than-expected inflation data and signs of continued weakness in the job market call for a third consecutive interest-rate cut in December. In the absence of new economic information due to the government shutdown, a half-point cut next month is still “appropriate,” Miran said Monday during an interview with CNBC. “At a minimum,” he added, the central bank should lower rates by an additional quarter percentage point.
