Fed's Miran Says Rates Cuts Still Possible Following Strong Jobs Report

Dow Jones
02/12

By Jessica Coacci

Federal Reserve governor Stephen Miran said he still thinks that an argument can be made for cutting interest rates following the better-than-expected January jobs report.

"While today's jobs data made me feel really good about the economy, I think the truth is that pushing out the supply side of the economy still allows for monetary policy to accommodate that," he said in a Fox Business interview Wednesday.

President Trump is expected to use the vacancy of Miran's open seat to fill the spot for his new choice for Fed Chair, Kevin Warsh. Miran said the future of the Fed will depend on a variety of things, including decisions from Trump and the Senate, adding that if a seat were to come available, he would stay.

"I absolutely would, but that's not up to me," Miran said.

Write to Jessica Coacci at jessica.coacci@wsj.com

 

(END) Dow Jones Newswires

February 11, 2026 17:21 ET (22:21 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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