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Fed Governor Miran open to staying past term, backs rate cuts amid speculation over Trump’s potential Fed picks.
Federal Reserve Governor Stephen Miran said he would be open to staying beyond his term, which ended Jan. 31, but stressed the decision depends on presidential and Senate actions.
He reiterated support for further interest rate cuts, citing declining housing inflation and supply-side gains from deregulation, despite a strong jobs report.
Miran’s potential continued role hinges on vacancies and nominations, with speculation about Trump possibly naming Kevin Warsh to lead the Fed.
Current Chair Jerome Powell has not yet indicated whether he will step down in May.
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El gobernador de la Fed, Miran, abierto a quedarse después del término, respalda los recortes de tasas en medio de la especulación sobre las posibles selecciones de la Fed de Trump.