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Yesterday — 1 November 2025Main stream

Fed Risks a Recession if It Doesn’t Cut Rates Rapidly, Stephen Miran Warns

1 November 2025 at 17:01
Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation.

© Amir Hamja for The New York Times

Stephen Miran, the newest member of the Federal Reserve Board of Governors. “There absolutely are differing views around the table,” he said.
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