"Federal Reserve Governor Stephen Miran, whose term ends on January 31, argued in a recent Fox Business interview that the Fed should implement well over 100 basis points (or one percentage point) of rate cuts this year to support economic growth. Miran contends that the current monetary policy is clearly restrictive and holding the economy back. He believes underlying inflation is basically at the Fed's 2% target."
"However, his views reflect concern that insufficient monetary easing could prevent a recovery in the labor market, which has been under pressure as job creation has slumped, and undermine the broader economic expansion he anticipates for 2026. The governor, who is on leave from his role as a top financial advisor during President Donald Trump's first term, has repeatedly pressed for significant rate reductions."
"However, should the economy take a deep dive during the first half of 2026, it is a good bet that the Federal Reserve would cut rates, and cut them fast, as it has during other times of economic upheaval like 2008/2009 and during the COVID-19 outbreak. We decided to screen our 24/7 Wall St. high-yield dividend stock research database for stocks yielding at least 5%, Buy-rated by top Wall Street firms, and with solid upside potential."
Federal Reserve Governor Stephen Miran advocates well over 100 basis points of rate cuts this year, arguing that current policy is clearly restrictive and holds the economy back. He states that underlying inflation is essentially at the Fed's 2% target and has repeatedly voted for larger 50-basis-point reductions at recent FOMC meetings. His dovish stance contrasts with most Fed officials who signal caution on cuts. He warns that insufficient easing could slow labor-market recovery and undermine the anticipated 2026 expansion. Analysts screened high-yield dividend stocks yielding at least 5% and Buy-rated by top firms for income and upside potential.
Read at 24/7 Wall St.
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