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Fed Governor Miran says he did not tell Trump how he would vote on rates this week
- Federal Reserve Governor Stephen Miran spoke to CNBC on September 19 about his dissenting vote for a half-point interest rate cut at the September FOMC meeting.
- His vote came amid President Trump's ongoing aggressive pressure to lower rates, which raised concerns over the Fed's independence and intensified political tensions.
- Miran confirmed he did not discuss his vote or rate projections with Trump, and he criticized claims that he acted on presidential influence as 'silly.'
- He holds a lower projected fed funds rate for 2025 at 2.75% to 3%, markedly below other policymakers, and plans to fully explain his economic views on September 22.
- Miran intends to stay in his term through January 2026 while maintaining independent analysis, and his arrival amid political pressure reflects ongoing debates over central bank autonomy.
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39 Articles
39 Articles
New Fed Governor Says Was Not Told How To Vote By Trump
Stephen Miran, who was Donald Trump's pick to join the Federal Reserve, said Friday that he did not speak to the US president about how he would vote on interest rates ahead of the central bank's meeting this week.
·New York, United States
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One of the governors of the US central bank, just promoted by Donald Trump, said on Friday that he had received no instructions from the president this week before voting on interest rates.
·Montreal, Canada
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There’s no ‘material inflation from tariffs,’ says new central banker Stephen Miran
President Donald Trump’s widespread tariffs aren’t boosting inflation, so interest rates should be lowered quickly to prevent America’s labor market from deteriorating, Federal Reserve Governor Stephen Miran said Friday in his first public comments as a monetary policymaker.
·Atlanta, United States
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Total News Sources39
Leaning Left8Leaning Right3Center8Last UpdatedBias Distribution42% Left, 42% Center
Bias Distribution
- 42% of the sources lean Left, 42% of the sources are Center
42% Center
L 42%
C 42%
R 16%
Factuality
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