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Trump nominee Miran could have a surprising effect on the Fed: giving officials more freedom to dissent

From morningstar.com

Miran is not expected to be confirmed to his seat on the Fed board until after the central bank's September meeting The chair of the Council of Economic Advisers, Stephen Miran, at center, walks toward the West Wing of the White House in June. President Donald Trump's unusual decision to put his top economic adviser, Stephen Miran, on the Federal Reserve's board of governors for a few months isn't expected to alter interest-rate policy much. But the move could have long-lasting, unintended consequences - by making the Fed interest-rate-setting committee's disagreements more public. "We may see a Fed where ... (full story)

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  • Category: Fundamental Analysis