Trumpâs Fed Freshman Disses Slow Dance, Wants Half-Point Party
On Wednesday, the Federal Reserve tried to keep calm and quarter-point cut on, but newbie Stephen Miran, barely 48 hours into his gig thanks to Trump, dissented loudly for a half-point slasher move. Miranâs bold vision? Slashing rates from above 4% down to a rock-bottom 2.9% before 2025 moons over January, when his term supposedly ends (but who knows?). This rookie rebel, already stirring bond traders with whispers of 'creative tools' and wholesale Fed makeover dreams, is basically the Fedâs new kid showing up with a wrecking ball, while Jerome Powell sweet-talks patience and boring stability. Wall Street, brace yourselves: next yearâs Fed may channel more Trump-brand chaos, where slow-and-steady hubby Boring meets reality TV star brashness.
Share the Story
Stephen Miran just confirmed the Fed needs a makeover by slashing rates like a clearance sale, proving you canât get a bigger mood swing in two days than the entire Fed committee has in a year.
If interest rates were dance moves, the Fed is slow waltzing while Miranâs already doing the electric slide off the policy cliff.
The Fedâs new motto: âKeep calm and carry small rate cutsâ â unless Stephen Miran shows up, then itâs âBring out the half-point flamethrowers.â
Source: Axios | Published: 9/18/2025 | Author: Neil Irwin
More Articles in US News
US Shutdown Hits 40 Days, Senators Finally Hustle Sunday AF
Thanksgiving Airlift Cancelled: Controllers Ditch Paychecks, Not Turkeys
Trump Fights Judge Over Food Stamps Like Itâs WWE Finals
Zuccotti Park Gets Christmas Glow-UpâBankers Cry Silent Tears
Texas Girl Dates Twin, Accidentally Skyrockets Standby Airport Drama
