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Filtering by entity: Federal Reserve Board | Clear Filter
Summary:The post announces the selection of Dr. Stephen Miran as an interim appointee to the Federal Reserve Board until January 31, 2026, highlighting his qualifications and past service.
Sentiment:Positive Appointment
Key Claims:
- Dr. Stephen Miran has been chosen to serve on the Federal Reserve Board.
- Dr. Stephen Miran's term on the Federal Reserve Board will last until January 31, 2026.
- A search for a permanent replacement for the Federal Reserve Board seat will continue.
- Dr. Stephen Miran holds a Ph.D. in Economics from Harvard University.
- Dr. Stephen Miran served with distinction in the First Administration.
- Dr. Stephen Miran has been involved since the beginning of the Second Term.
- Dr. Stephen Miran's expertise in economics is unparalleled.
- Dr. Stephen Miran is expected to perform outstandingly in his new role.
Potential Market Impact (S&P 500):5/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:5/10
Summary:Donald Trump criticizes Federal Reserve Chair Jerome Powell and the Federal Reserve Board for maintaining high interest rates, asserting that their actions have cost the United States trillions of dollars and advocating for a significant reduction of rates to 1% or lower, which the post claims would save the country from financial losses and would not incur inflation.
Sentiment:Critical
Key Claims:
- Jerome Powell and the Federal Reserve Board have failed in their job and should be ashamed.
- Their policies are costing the United States trillions of dollars in interest costs.
- The Federal Reserve's job is easy and prestigious, yet they have failed.
- The Federal Reserve Board is equally to blame for passively watching.
- The United States should have an interest rate of 1% or better.
- The current US interest rate of 4.50% is too high compared to many other countries.
- Lowering the rate would save hundreds of billions of dollars.
- Lowering the interest rate would not cause inflation.
Potential Market Impact (S&P 500):7/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:8/10
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