Stephen Miran Insists on Fed Rate Cuts, Calls for Urgency Amid US-China Trade Drama

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Well, it’s official: Federal Reserve Governor Stephen Miran, the man who has probably forgotten what “peace and quiet” feels like, is demanding *more* rate cuts, as if the world doesn’t have enough problems already! With the trade war tensions between the good ol’ U.S. of A and China getting spicy, he’s decided it’s time to act… *urgently*.

  • The man, the myth, the Governor: Stephen Miran, says we *really* need those interest rate cuts. Like, yesterday.
  • He graced CNBC with his wisdom, warning that the new flare-up in the U.S.-China trade feud brings “oh-so-many” risks to the economy.
  • Miran is pushing for another 1.25 percentage point cut in 2025, on top of the 25 basis points from September. Yes, more!

All this comes right before the Fed’s October meeting, where some expect fireworks-or at least another reduction in the interest rate. Not the fun kind of fireworks, mind you-more like the kind that shakes the economy awake. And let’s not forget the little detail of the U.S. government shutdown making markets sweat.

But wait, there’s more! Amid the data blackout and the latest U.S.-China tension, suddenly, everyone cares about the economy again. Who knew?

Miran, with his sharp eye on the situation, appeared on CNBC’s “Invest in America Forum” (isn’t that a nice name?) to express his heartfelt urgency about rate cuts. According to him, the market faces “increased downside risks” (a fancy way of saying, “everything’s going to hell in a handbasket”), and it’s time for policymakers to *wake up* and smell the coffee.

“I had been operating under the assumption that the uncertainty had dissipated, and therefore I felt more sanguine about some aspects of the growth outlook. Now, potentially, this is back because the Chinese are reneging on deals that were already made,” Miran admitted, trying to act like he wasn’t predicting disaster all along. Typical economist move. 😂

Oh, But Wait! Miran Wants Even More Rate Cuts-1.25% More!

That’s right, folks! Miran’s not satisfied with just a little trim-no, no, he’s calling for a whopping 1.25% cut in the coming months. As if the 25 basis points from September wasn’t enough to keep everyone on their toes. Oh, but of course, the Federal Open Market Committee (FOMC) will gather again on October 28-29 to entertain this delightful prospect. Get your popcorn ready. 🍿

And don’t you worry, there’s another meeting coming up in December, because clearly, we can’t get enough of the suspense. Will they? Won’t they? Stay tuned! Meanwhile, on October 14, Fed Chair Jerome Powell decided to act like a dove and give stocks and crypto a little happy boost.

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2025-10-15 23:12