Stephen Miran Inflation Report: Fed Governor Calls for 0.5% Rate Cut as Prices Fall Faster Than Expected
In a bold new statement, Federal Reserve Governor Stephen Miran said that U.S. inflation is declining faster than official reports indicate, calling for an immediate 0.5% interest rate cut at the Fed’s upcoming December meeting. Miran, a respected economist and former Treasury official, argued that the central bank risks “keeping rates too high for too … Read more