Bank of America Head of US Rates Strategy Mark Cabana and Head of ETF Strategy Jared Woodard discuss the outlook for today's Federal Reserve policy decision, its potential impact on markets, and the chances of new governing board member Stephen Miran, an ally of President Donald Trump, voting for a 100 basis-point cut. "It is a low probability, but I wouldn't rule it out," Cabana tells Bloomberg Television. Fed watchers see the potential for dissents over the expected quarter-point cut from both sides of the debate, with some officials possibly supporting a deeper reduction and others preferring to hold rates steady.
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