Fed Governor Calls for Lower Rates: Impact and Analysis

Fed Governor Stephen Miran sparks debate with a call for significantly lower interest rates, targeting a 2-2.5% range, warning current high rates risk layoffs and unemployment. He anticipates tax cuts will boost growth later this year, while addressing concerns about his temporary leave from the White House and advocating for reforms to prevent political influence on the Fed. Despite pressure from President Trump for lower rates, Miran remains focused on his economic outlook and optimal monetary policy. Hosted on Acast. See acast.com/privacy for more information.