In a recent television interview, Stephen Miran, the newest Federal Reserve governor, advocated for aggressive interest-rate cuts, indicating his alignment with President Trump's push for lower rates. This stance is significant as it breaks from the views of other board members who are concerned about inflation stemming from tariffs. Miran's perspective could influence monetary policy and economic growth, making it a crucial development for both markets and consumers.

Stephen Miran, a close ally of former President Trump, is advocating for a more aggressive cut in interest rates, arguing that the president's immigration policies contribute to disinflation. This perspective is significant as it highlights the intersection of economic policy and immigration, suggesting that changes in immigration could have broader implications for the economy. Miran's stance may influence future discussions within the Federal Reserve about how to approach interest rates in a changing economic landscape.