Trump ally at Fed says interest rates are still way too high and put U.S. jobs at risk
1. New Fed governor Miran urges significant interest rate cuts to avert layoffs. 2. Miran believes current rates are nearly two points too high for economy. 3. Recent rate cut to 4% seen as insufficient by some Fed members. 4. Miran links immigration and tariffs to future inflation control. 5. Critics question Miran's independence in influencing Fed policies.