Fed's Miran says he wants big rate cuts out of U.S. central bank this year - Fox Business

Jan 6 (Reuters) - Stephen Miran, a Federal Reserve governor whose term ends at the end of January, said Tuesday the U.S. central bank needs to cut interest rates aggressively this year to keep the economy moving forward.

“I think policy is clearly restrictive and holding the economy back,” Miran said in an interview on the Fox Business channel. “I think that, you know, well over 100 basis points of cuts are going to be justified this year,” he said. Miran's term ends on Jan. 31.