The Latest Breaking News from Stephen Miran

Jerome Powell delivered a 25bps rate cut, but Wall Street’s muted reaction reflects concern it was a risk move on jobs, not confidence.

European stocks rallied on Thursday after the Fed cut rates to 4.00%–4.25% and signalled more easing. Markets cheered the dovish tone, boosting equities across the eurozone, with tech and bank shares leading the gains.

Donald Trump wants drastic rate cuts – and his campaign to exert greater political control over the Fed continues

Federal Reserve Governor Stephen Miran's dissent during Wednesday's FOMC meeting has drawn mixed reactions from economists and politicians alike.

Fed officials, in a set of projections also released on Wednesday, signalled that they expect to reduce their key rate twice more this year, but just once in 2026.

On Wednesday, U.S. stocks closed mixed as the Dow Jones Industrial Average advanced 0.6% to 46,018.32. The SP 500 slipped 0.1% to 6,600.35, while the Nasdaq fell 0.3% to 22,261.33.The Federal Reserve cut its benchmark rate by 25 basis points to 4.00%-4.25%, ending a nine-month pause and marking the fourth…

The dollar index (DXY00 ) on Wednesday rose by +0.22%. The dollar whipsawed higher on Wednesday after recovering from a 3.5-year low. The dollar initially retreated on Wednesday after the FOMC cut interest rates by -25 bp and signaled another -50 bp of rate cuts by year's end. However, the...

With Trump clamoring for cheaper money, Fed policymakers delivered the first rate cut of the year.

Central bank moves to set rates at range between 4 and 4.25% but decision unlikely to satisfy Donald Trump

The rate cut comes as Trump stages an unprecedented assault on independence of the Federal Reserve

Stephen Miran, Trump’s pick to join the Fed, dissented against the group, voting in favor of the stronger half-point cut.