Fed Governor Reiterates Views on Current ‘Restrictive’ Monetary Policy

Wednesday, November 12, 2025

Since taking office on the Federal Reserve Board of Governors in September, Stephen Miran has pushed for a looser monetary policy. At both the September and October Federal Open Market Committee (FOMC) meetings, Miran dissented from the majority vote to cut interest rates by a quarter point, in favor of a higher cut by half…

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