Trump’s Fed pick doubles down on calls to aggressively cut interest rates

Stephen Miran, appointed by Donald Trump to the Federal Reserve, is advocating for significant cuts to interest rates, suggesting they should fall below 3% by the year's end. This stance is particularly noteworthy as it counters concerns that Trump's tariffs might lead to inflation. Miran's aggressive approach could influence economic policy and potentially stimulate growth, making it a critical development for both investors and consumers.