The post Federal Reserve News Today: Stephen Miran Pushes for 50 Bps Rate Cut appeared first on Coinpedia Fintech News
Federal Reserve Governor Stephen Miran is calling for aggressive interest rate cuts of up to 50 basis points (0.50%) to support the U.S. economy. This is a bolder move than most Fed officials, who are favoring smaller, 25-basis-point reductions. If Miran’s plan is adopted, it could provide a major boost to the riskier assets like …