20 Sep 2025 | 5 Mins Read
Federal Reserve Governor defends aggressive rate cuts
Flipitmoney
Stephen Miran, the new US Federal Reserve Governor, defended his independent policymaking after dissenting in favor of steep rate cuts at a policy meeting. He advocated for a 50-basis-point cut, citing low inflation risk and a neutral interest rate. Miran said his views were not influenced by President Trump and that he will provide a detailed argument in a speech on Monday.