September 18, 2025 8:58 AM
Miran’s Fed dissent makes a splash, fails to sway the outcome
If President Donald Trump hoped that putting a close ally at the Federal Reserve would grab headlines, White House economic adviser Stephen Miran's dissent and way-below consensus interest rate projection on Wednesday delivered. If the hope was to have someone on the inside to get the Fed to lower interest rates as sharply as Trump wants, Miran's lone dissent was evidence the gambit had failed, at least for now. Sworn in just before the Fed began its latest meeting, Miran took part in two days...