Fed’s Miran Repeats View Policy Remains Too Restrictive
Update: 2025-11-03
Description
Federal Reserve Governor Stephen Miran advocates for larger interest rate cuts, arguing that the current policy is too strict and could risk pushing the economy into a downturn. He disagrees with colleagues who fear rapid cuts could reignite inflation, and he points to signs of stress in credit markets as evidence that monetary policy is too tight. The Fed remains divided on the pace of rate cuts, with significant implications for borrowing, spending, and economic growth.
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