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Fed Governor Miran defends call for bigger interest rate cut
Fox Business·2025-09-20 06:35

Newly confirmed Federal Reserve Governor Stephen Miran on Friday defended his stance on wanting an interest rate cut of 50 points as opposed to 25 points. "My view is that there's a number of disinflationary forces in the works that are coming into play that will be bringing inflation down in the near term," Miran said during an interview on FOX Business Network's "Kudlow.""For example, lower immigration. My view is that the supply of housing adjusts only very sluggishly, and if you throw millions of new re ...