Stephen Miran, a governor of the Federal Reserve, steps down from his position in the White House
Stephen Milan Resigns from Economic Advisers Council Stephen Milan has stepped down as chairman of the White House Council of Economic Advisers, concluding a controversial dual role he held in both the Federal Reserve and the Council. This resignation was confirmed by White House press secretary Khush Desai late Tuesday. Milan, appointed to the Fed’s […]
Miran advocates for more than a 1-point reduction in interest rates to enhance the economy
Federal Reserve President Advocates for Interest Rate Cuts Federal Reserve President Stephen Milan made a strong case for cutting interest rates more aggressively this year during an interview on FOX Business Network’s “Morning with Maria.” “I think we’re probably looking at a rate cut a bit later this year,” he remarked. His comments follow his […]
Miran from the Fed Claims Inflation is Exaggerated and Downplays Tariff Issues to Support Quicker Rate Reductions
Federal Reserve President Advocates for Interest Rate Cuts On Monday, Federal Reserve President Stephen Milan expressed his belief that inflation is closer to the central bank’s 2% target than current data suggests. He emphasized the need for quicker interest rate cuts while stepping back from previous assertions that tariffs are the main factor behind rising […]
Why Miran Claims Exporters Bear the Majority of the Tariffs
Fed’s Milan Explains Misjudgments on Tariffs Federal Reserve President Stephen Milan addressed the misconceptions surrounding tariff-induced inflation in a speech on Monday. His main point? Tariffs should only increase the consumer price level by about two-tenths of a percentage point. Even in a scenario of perfect pass-through, he estimates an upper limit of four-tenths and […]
Miran, a Federal Reserve governor, urges significant interest rate reductions to support the economy.
Federal Reserve President Calls for Significant Rate Cuts In a recent appearance on “Mornings with Maria,” Federal Reserve President Stephen Milan emphasized that the U.S. economy is in need of “significant interest rate cuts.” He expressed concern that the current monetary policy, which maintains high borrowing costs, is hampering economic growth and increasing unemployment. “I […]
Miran: The use of stablecoins might lead to lower interest rates
Federal Reserve Insights on Stablecoins and Interest Rates U.S. Federal Reserve President Stephen Milan mentioned on Friday that if stablecoins gain widespread acceptance, central banks might need to maintain lower short-term interest rates than previously expected. Milan highlighted that even modest projections of stablecoin growth could lead to a rise in the availability of loanable […]
Stephen Miran from the Fed expresses a desire for a half-point interest rate reduction this month.
Stephen Milan Advocates for Aggressive Rate Cuts Stephen Milan, the newly appointed Federal Reserve director by President Trump, expressed his intent on Thursday to advocate for a half-point interest rate reduction during the Fed’s upcoming meeting later this month. Current expectations indicate that policymakers might opt for a quarter-point decrease, similar to last month’s decision. […]
Hamas frees Israeli hostages, among them Omri Miran, as part of a peace agreement
Emotional Reunion for Hostages Freed by Hamas This week has brought some relief for many in Israel, particularly families celebrating the return of hostages freed by Hamas following a swift peace agreement. Take Rishay Ravi-Milan, for instance. We first connected with her during a rally in Tel Aviv’s Hostage Square last month. Her husband, Omri […]
Why Stephen Miran Believes Interest Rates Need to Be Reduced
Why Reducing Immigration Leads to Lower Interest Rates When economists discuss immigration, the focus usually leans heavily on job markets, wages, or financial implications. But Federal Reserve Governor Stephen Milan wants to shine a light on another factor: interest rates. In Milan’s initial address since joining the Federal Reserve, he underscored that changes in immigration […]
Fed Governor Stephen Miran Indicates Interest Rates Are Tightening the Job Market
On Monday, Stephen Milan, a new member of the Federal Reserve, expressed concerns that the central bank’s current policy is too tight, urging colleagues to consider the risks of slowing the economy further, especially with inflation on the decline. During his speech at the New York Economic Club, Milan suggested that the Fed’s benchmark interest […]