Fed Governor Warns of Recession Risk
Update: 2025-12-22
Description
Federal Reserve Governor Stephen Miran warns of potential recession risk if rate cuts cease, advocating for continued policy adjustments despite not anticipating an immediate economic downturn. With unemployment on the rise, Fed officials lean towards a more dovish stance, considering further rate cuts. Miran, who supports larger reductions, now contemplates smaller tweaks after three recent cuts totaling seventy-five basis points. Fed officials remain divided, with most expecting one more cut next year, as markets and the public await the outcome of this ongoing debate.
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