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Miran

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3 months ago

Federal Reserve Governor Stephan Miran spoke Monday to CNBC.
The central banker said the Fed might need to lower its own policy rate to avoid unintentionally slowing the economy.
Federal Reserve Governor Stephen Miran instead called for a half-point cut, while Kansas City Fed President Jeffrey Schmid voted for no decrease.

4 months ago

FOMC Preview: 25bps Rate Cut Expected ⊖⊖

Most analysts expect the FOMC to reduce the Fed Funds rate by 25bps at the meeting this week to a target range of 3-3/4 to 4 percent.    Market participants currently expect the FOMC to also cut rate…
The central bank policymaker indicated that he still expects his colleagues to vote for another quarter-point reduction.
Miran said the latest impasse in trade talks between the U.S. and China poses new dangers to the economic outlook.

5 months ago

Stephen Miran says rates should be below 3% by end of year and dismisses fears of US president’s tariffs stoking inflation

Stephen Miran, Donald Trump’s new appointee on the Federal Reserve’s interest…

Miran outlined the reasons why he thinks the Fed's benchmark interest rate is far too high and should be lowered aggressively.
Miran speaks Monday to the Economic Club of New York to explain his views on the economy and monetary policy.
Federal Reserve Governor Stephen Miran spoke on CNBC's "Money Movers" on Friday.

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