Renewed trade tensions between the US and China pose new downside risks to the economic outlook, making it more important that the US central bank cuts interest rates, Federal Reserve Governor Stephen Miran said on Wednesday. “We have to recognize that there is some difference now from where we thought a week ago,” before China […]
The new governor of the American Federal Reserve Stephen Miran defended himself on Friday as an independent policy maker after deviating from the steep cuts during the policy meeting on Wednesday. Miran, who promised to give a detailed argument for his views in a speech on Monday, voted only a few hours after the central […]
The American Federal Reserve opened an important interest rate meeting on Tuesday, only a few hours after Donald Trump’s close assistant Stephen Miran was sworn in as governor of the Central Bank, while another top official, Lisa Cook, fights the attempt of the president to dispel her.Miran, who has been a senior adviser to Trump, […]
In the first place A Federal Court of Appeal rejected the emergency offer of President Donald Trump on Monday evening to dismiss the Governor Lisa Cook of the Federal Reserve, a ruling that comes hours before an important two -day meeting, where the central bank will make a decision about interest rates. Federal Reserve Board […]