Fed Governor Miran signals fewer rate cuts as risks rise

Fed Governor Stephen Miran may reduce his 2026 rate cut outlook due to persistent inflation. He still supports an April cut despite rising oil price risks.

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Federal Reserve Governor Stephen Miran, the most prominent advocate for rapid interest rate cuts in the United States, indicated on Thursday that he may further scale back his expectations for policy easing this year. Speaking at an economic forum in Washington, Miran noted that inflation has become more persistent than previously forecast, leading to a potential shift in his policy outlook.

Federal Reserve Governor Stephen Miran delivers a speech on monetary policy at the National Gallery in Athens, Greece. REUTERS/Louisa Gouliamaki/File Photo
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