Fed’s Miran Says Rates Cuts Still Possible Following Strong Jobs Report
Federal Reserve governor Stephen Miran said he still thinks that an argument can be made for cutting interest rates following the better-than-expected January jobs report. “While today’s jobs data made me feel really good about the economy, I think the truth is that pushing out the supply side of the economy still allows for monetary policy to accommodate that,” he said in a Fox Business interview Wednesday. President Trump is expected to use the vacancy of Miran’s open seat to fill the spot for his new choice for Fed Chair, Kevin Warsh. Miran said the future of the Fed will depend on a variety of things, ... (
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