Fed Miran. I count on we’ll minimize in December. I need to get to impartial in 50 bp increments

In a podcast interview, newest Fed Governor (Trump appointee and dove)Miran says:

• I expect we will cut in December

• I want to get to neutral in 50 basis-point increments; a lot of my colleagues want 25 bps increments

• Don’t need 75 basis point cut, don’t need to make up for lost ground on cuts

• Labor market deterioration is gradual, not accelerating

This article was written by Greg Michalowski at investinglive.com.