Fed Officials Call for Rate Cuts Amid Inflation Concerns
TL;DR Summary
Federal Reserve governor Stephen Miran advocates for significant interest rate cuts to prevent unnecessary damage to employment, highlighting tensions between the Fed's policies and political pressures from President Trump, and emphasizing a lower neutral rate influenced by recent policies and demographic changes.
- Fed governor Miran: High rates risk unnecessary layoffs Axios
- Miran Says Interest Rates Should Fall to 2.5 Percent The New York Times
- Trump's Federal Reserve appointee seeks steeper rate cuts ABC News - Breaking News, Latest News and Videos
- There’s no ‘material inflation from tariffs,’ says new central banker Stephen Miran CNN
- Watch new Fed Governor Stephen Miran speak live on the economy and interest rates CNBC
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