Miran Advocates for Aggressive Interest Rate Cuts to Stimulate Economy
Stephen Miran, appointed by Donald Trump to the Federal Reserve, is advocating for significant cuts to interest rates, proposing a reduction to 2.5% by year-end. His stance reflects a shift towards aggressive monetary policy aimed at stimulating economic growth and addressing inflation concerns. Miran believes that lowering rates could bolster the labor market and support job growth, indicating a proactive approach to economic recovery.
Miran Advocates for Aggressive Interest Rate Cuts to Stimulate Economy
Stephen Miran, appointed by Donald Trump to the Federal Reserve, is advocating for significant cuts to interest rates, proposing a reduction to 2.5% by year-end. His stance reflects a shift towards aggressive monetary policy aimed at stimulating economic growth and addressing inflation concerns. Miran believes that lowering rates could bolster the labor market and support job growth, indicating a proactive approach to economic recovery.
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