Miran Says Rates Are Too High: Politics Or Reality?
2025-10-01
Stephen Miran, Donald Trump’s recent addition to the Fed, joined the Federal Reserve the day before the last meeting. At that meeting, he was the only dissenting vote, supporting a 50-basis-point rate cut. All other members voted for a 25-basis-point cut. Additionally, Miran is likely the FOMC participant who thinks the Fed Funds rate should …
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9/25/25 Accommodative Or Restrictive? Decoding The Fed’s Latest Move
2025-09-25
The Federal Reserve’s latest move has investors asking: Is policy turning more accommodative or staying restrictive? Lance Roberts and Michael Lebowitz decode the Fed’s decision, cut through the jargon, and explain what it means for markets, rates, and your money.
We’ll cover:
What the Fed actually signaled last week
The difference between accommodative and restrictive policy
How markets typically react to these shifts
Key risks for stocks, bonds, and the economy going forward
Stay tuned as we unpack the Fed’s message and put it into plain language for investors navigating uncertain markets.
0:18 – On becoming "vintage" and Irrational Exuberance
3:52 – Markets Appear to be Pulling Back
9:49 – Jerome Powell’s "Fairly Valued" Market Assessment
10:30 – The Virtual Circle of the