Tag

Stephen Miran

All articles tagged with #stephen miran

economy3 months ago

Fed's Miran Advocates for Lower Interest Rates to Prevent Unemployment

Stephen Miran, a new Federal Reserve governor, advocates for lowering interest rates to around 2.5% to support the labor market and counteract economic cooling, contrasting with other officials who see less room for cuts due to inflation concerns. Miran's stance aligns with President Trump's push for lower borrowing costs, and he emphasizes the importance of adjusting policy based on evolving economic conditions.

business3 months ago

Senate Banking Chair and Trump Appointee Miran Support Rate Cuts Amid Fed Dissent

Senate Banking Committee Chairman Tim Scott suggests a 50 basis point rate cut is possible this week and supports President Trump's new Fed Governor, Stephen Miran, emphasizing the importance of Fed independence and economic growth. The Federal Reserve is expected to cut rates by 25 basis points, with some speculation about a larger cut, amid ongoing pressure from Trump for lower interest rates.