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Federal Reserve’s Miran Proposes One-Point Rate Cut in 2025

Miran suggests the U.S. central bank should reduce interest rates by about one percentage point within this year to support economic conditions.

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Terms & Concepts
  • Federal Reserve: The central bank of the United States, responsible for monetary policy, including setting interest rates.
  • Interest Rate Cut: A reduction in the cost of borrowing set by a central bank to stimulate economic growth.