Federal Reserve’s Miran Credits Powell for Managing Interest Rate Cuts
Miran acknowledges Federal Reserve Chair Jerome Powell’s role in guiding recent rate adjustments amid economic policy shifts.
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Terms & Concepts
Interest Rate Cuts: A monetary policy action by a central bank to lower the benchmark interest rates, often aimed at stimulating economic growth.
Federal Reserve: The central bank of the United States, responsible for setting monetary policy, regulating banks, and maintaining financial stability.