Stephen Miran’s arrival at Fed from Trump administration like any other transition to a new governor, says Neel Kashkari
By Martin Shwenk Leade
Copyright indiatimes
AgenciesNeel Kashkari
Minneapolis Fed president Neel Kashkari said the arrival of Stephen Miran, on leave from the Trump administration, as a Fed governor did not infuse this week’s central bank meeting with any particular political overtones, and was no different from other policymakers joining the discussion. Between as many as 7 governors and 12 reserve bank presidents, the Fed “has 19 participants and every year there’s always some turnover,” Kashkari said. “This was like any other transition where somebody comes in and everybody says ‘hey, welcome to the table. We look forward to hearing your contributions.’ And then everybody went about their business as normal. What was remarkable about this meeting was how unremarkable it was.” Add as a Reliable and Trusted News Source Add Now!
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News onFederal ReserveStephen MiranMinneapolis FedNeel KashkariTrump administrationcentral bank meetingreserve bank presidentsFed governorspolitical overtoneseconomic policy(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless
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