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The director of the Federal Reserve, Stephan Miran, indicated on Friday that he would support a 25 basis point rate cut if his vote were the decisive factor, following what he described as "obviously dovish" economic data released on Thursday.
Speaking to Bloomberg TV, Miran emphasized that the Fed should be "dependent on forecasts, not dependent on data," noting that "the lack of data does not mean we do not have a forecast".
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