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Fed’s Miran calls for slashing main interest rate to avert job loss
Yahoo Finance·2025-09-22 16:19

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Federal Reserve Governor Stephen Miran on Monday dismissed the risk of tariff-induced inflation and called for two, half-percentage-point cuts to the main interest rate next quarter to avert higher unemployment. Tariff revenues, tax policy and a crackdown on immigration have likely reduced the so-called neutral rate of interest — or the level that neither spur ...