Fed Governor Miran Signals Two More Rate Cuts Amid Trade Tensions
Federal Reserve Governor Stephen Miran indicated that two additional interest rate cuts in 2025 remain plausible as geopolitical uncertainties weigh on economic outlook. Speaking against the backdrop of escalating U.S.-China trade tensions, Miran cited weakening labor markets and delayed corporate investments as key concerns.
The policymaker highlighted how trade policy ambiguity created a 'wait-and-see' approach among businesses, particularly before the passage of the recent tax legislation. Market observers note such dovish signals typically create favorable conditions for risk assets, though no direct cryptocurrency mentions appeared in Miran's remarks.
Global policy realignments have forced unusual Fed restraint during H1 2025, Miran acknowledged, suggesting recent trade resolutions and tax clarity may stabilize markets. The comments come as traders increasingly price in accommodative monetary policies through year-end.
