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Miran defends low-rate view as colleagues caution on further cuts
Yahoo Finance·2025-09-22 14:05

By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -New Federal Reserve Governor Stephen Miran said on Monday that the Fed is misreading how tight it has set monetary policy and will put the job market at risk without aggressive rate cuts, a view countered in remarks by three of his colleagues who feel the central bank needs to remain cautious about inflation. Miran, a week into his new job on leave from the Trump administration, told the Economic Club of New York he feels the central bank has ...