Fed's Miran ties rising unemployment to current setting of monetary policy - Fox Business
ReutersNov 25, 2025 1:27 PM
Nov 25 (Reuters) - Federal Reserve Governor Stephen Miran tied on Tuesday a deteriorating job market to the current state of central bank interest rate policy.
“We have to recognize that the unemployment rate has been drifting higher, and that is a function of monetary policy being too tight,” Miran said in an interview on Fox Business.
“My concern is that if we don't continue cutting rates and do so at a reasonably quick pace” the jobless rate will continue to rise, the policymaker said in the interview.
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