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

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1 min read
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The New York Times

Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation.

Stephen I. Miran, the newest member of the Federal Reserve’s Board of Governors, warned that the central bank risked inducing a recession if it did not swiftly lower interest rates, as he dismissed concerns about elevated inflation. Mr. Miran, who mo... [643 chars]

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Source: The New York Times

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