Stephen I. Miran

Geography

In their time

Meetings by Chair

Powell6

Policy rate

4.25–4.5% → 3.5–3.75%

−75 bp · Sep 2025 – May 2026

Rate moves

0 hikes · 3 cuts

3 holds at their meetings

Dissents witnessed

13

at 6 of 6 meetings

Unanimous

Seats held

• GovernorBoard of Governors2025–2026

  Sep 16, 2025 – May 21, 2026 · represents the Richmond district

Dissents on the record (6)

• April 28–29, 2026wanted easiercommittee: hold

  who preferred to lower the target range for the federal funds rate by 1/4 percentage point at this meeting

• March 17–18, 2026wanted easiercommittee: hold

  Stephen I. Miran preferred to lower the target range for the federal funds rate by 1/4 percentage point at this meeting.

• January 27–28, 2026wanted easiercommittee: hold

  Stephen I. Miran and Christopher J. Waller preferred to lower the target range for the federal funds rate by 1/4 percentage point at this meeting.

• December 9–10, 2025wanted easiercommittee: cut 25

  who preferred to lower the target range for the federal funds rate by 1/2 percentage point at this meeting

Served alongside (165)