Archive · 23 Dec 2025
Fed Member Warns of Recession Risk
A member of the Federal Reserve, Stephen Miran, said that if the central bank doesn't lower interest rates, there's a higher chance the US economy could go into a recession.
He also said he doesn't think a recession will happen soon.
Miran was appointed by President Trump and might stay on the board until the Senate confirms his replacement.
President Trump is also thinking about who to appoint as the next Fed chair when Jerome Powell's term ends in May.
Federal Reserve member Stephen Miran warned of a rising risk of recession if interest rates aren't cut.
Miran does not see a recession in the near term.
He may stay on the Fed's Board of Governors beyond his term until the Senate confirms his successor.
Miran was appointed by President Trump to serve the remaining months of a 14-year term.
President Trump is considering appointments for the next Fed chair as Jerome Powell's term expires in May.
- Who
- Federal Reserve member Stephen Miran
- What
- Warned of recession risk if interest rates aren't cut
- When
- 22 December
- Where
- United States
- Why
- To highlight the economic risks of not adjusting monetary policy
- Member Name
- Stephen Miran
- Date
- 22 December
- Current Term Ends
- 31 January
- Potential Stay Until
- Senate Confirmation
- Fed Chair Term Ends
- May
