Fed Governor Miran defends call for bigger interest rate cut

1. Fed Governor Miran advocates for a 50 basis points rate cut. 2. Miran cites disinflationary forces from reduced immigration and housing supply issues. 3. He argues tariffs haven't contributed to inflation significantly. 4. Miran has a positive economic outlook for the second half of the year. 5. Uncertainties regarding taxes and trade policy have diminished.