The new Fed domestic General Miran explains why he voted for a higher interest rate reduction

Recently reinforced central bank governor Stephen Miran defended on Friday the position wanted 50 points of interest rate cut to 25 points.

« I think there are a number of disinfectant forces in the upcoming works that will bring inflation in the near future, » Miran said in an interview with the Fox Business Network network.

« For example, lower immigration.

Miran also made an exception to those who say that tariffs are inflation.

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Stephen Miran, Chairman of the Economic Council

Stephen Miran was approved by the Federal Central Banks Board on 15 September. (Getty Images / Getty Images)

« I don’t see evidence that the tariffs have been inflation, » he said. « For me, if I was going to look for evidence of tariff inflation, I think import intentive nuclear products will increase more than general core products, which is not. »

President Donald Trump Tapped Miran, who previously led the White House Economic Advisers Council on August 7, to meet the place released by Adriana Kugler, a governor of the Federal Central Bank of August. Miran will end the rest of the Kugler term, which ends on January 31, 2026.

Miran told lawyers during his candidate on 4 September that he would leave a unpaid holiday on his white house position when he serves on the Fed Supervisory Board.

Stephen Miran, Chairman of the Council of the White House

President Donald Trump tapped Miran to fill the place released by Adriana Kugler, a governor of the Federal Central Bank. (Andrew Harnik / Getty Images / Getty Images)

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Miran also said that he has positive views of the economy for the rest of the year.

« Look, I mean that the first half of the year was not as strong as I would have liked, but as I said, in other places I think much of it was due to uncertainty, » Miran said.

US Capitol reflection after a rainstorm

Miran also said that he has positive views of the economy for the rest of the year. (Demetrius Freeman / The Washington Post Getty Images / Getty Images app)

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« We had uncertainty that we might have the biggest tax increase in history, » he added. « We had uncertainty because we had a huge change in trade policy. Uncertainty wasn’t? Congress was recently accepted by a tax invoice, which avoided a major tax increase. Most of our important trading partners are made shopping centers.

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