White House Enlists Election Challenge Attorney for Internal Voting Integrity Probe
Former Trump Legal Advisor Joins Administration in Special Role A prominent attorney who previously worked on efforts to challenge the…
Tag: Federal Reserve Board of Governors
Fed Governors Split on Rate Cut Size as October Meeting Approaches
Federal Reserve officials are divided on the size of upcoming interest rate reductions, with Governor Stephen Miran pushing for a half-point cut while Christopher Waller advocates for a quarter-point reduction. The disagreement comes amid conflicting economic signals from labor market data and persistent inflation pressures.
Divergent Views Emerge Ahead of Fed Meeting
Federal Reserve Governors Stephen Miran and Christopher Waller have presented conflicting views on how quickly the central bank should lower interest rates, according to reports from the Invest i America Forum. The division comes as policymakers grapple with a weakening labor market and heightened geopolitical tensions that are complicating the economic outlook.
Federal Reserve’s Miran Urges Rate Cuts Amid Trade Uncertainty, Citing Downside Risks
Federal Reserve Governor Stephen Miran stated that escalating trade uncertainty has increased downside risks, making rapid interest rate cuts more urgent. He emphasized during a CNBC event that policymakers must reflect these risks in monetary policy decisions.
Federal Reserve Governor Stephen Miran has issued a stark warning about the economic impact of recent trade tensions, stating that increased uncertainty makes interest rate cuts more urgent for policymakers. During a Wednesday event organized by CNBC, Miran emphasized that the growing trade policy uncertainty between the United States and China has created new vulnerabilities in the economic outlook that demand immediate policy response.