US EditionFed Should Deliver Big Rate Cuts This Year, Miran Tells Fox Business
Fed Governor Stephen Miran argues inflation is near target after adjustments and says current restrictive policy risks slowing growth, justifying over 100 basis points of cuts in 2026.
- This year, Federal Reserve Governor Stephen Miran urged rate cuts totaling more than 100 basis points and said on FOX Business' `Mornings with Maria`, `I think we’ve got to cut more than 100 basis points this year`.
- Adjusting for measurement quirks, Federal Reserve Governor Stephen Miran said underlying inflation is near the 2% target, citing backward-looking housing inflation data and exaggerated portfolio management services data.
- Citing cooling labor-market signals, Miran noted the U.S. labor market is gradually cooling with the unemployment rate edging higher and showed preference for larger moves, dissenting for a 50-basis-point step when Federal Reserve colleagues chose 25.
- Faster Fed cuts would ripple into Brazil and the rest of Latin America by weakening the dollar and easing borrowing costs, and Federal Reserve Governor Stephen Miran’s Trump nomination plus term ending January 31, 2026 give his call extra weight.
- The remarks spotlight a Fed split over easing, with Federal Reserve policymakers deeply divided while supporters praise Miran’s candor and critics warn his White House Council of Economic Advisers ties invite political readings.
15 Articles
15 Articles
Fed Governor Stephen Miran says more than 100 basis points in rate cuts justified this year
Federal Reserve Governor Stephen Miran said the central bank should move more aggressively on interest rates this year, arguing that rate reductions totaling more than 100 basis points are justified as underlying inflation pressures continue to fade.In an interview with Maria Bartiromo on FOX Business’ "Mornings with Maria," Miran said inflation is already running close to the Federal Reserve’s 2% target once temporary measurement distortions ar…
Fed Governor Stephen Miran Breaks Ranks, Urges Aggressive Rate Cuts In 2026
Key Points A Fed governor says more than 1 percentage point of rate cuts is justified this year. The debate is not only about inflation, but about how much “restraint” the Fed is still imposing. Because the dollar anchors global finance, faster U.S. cuts would ripple into Brazil and the rest of Latin America. A […]
Federal Reserve Governor Stephen Miran said on the 7th that it is necessary to significantly lower the benchmark interest rate by more than 1 percentage point this year. Miran's stance on interest rates largely favors a larger rate cut.
Coverage Details
Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
