Trump taps Miran for Fed Res board

08 Aug 2025 • 25 min • EN
25 min
00:00
25:41
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President Trump promotes CEA chair and tariff supporter Stephen Miran to the Fed’s board of governors praising his expertise in global economics. The STOXX 600 achieves its biggest one-day rise in almost two weeks with European corporate earnings offsetting any potential tariff fallout. Futures are also set to finish the week strongly. The BoE narrowly votes to slash interest rates to a two-year low after an unprecedented deadlock among committee members. Governor Andrew Bailey tells CNBC the UK rate path remains opaque. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

From "Squawk Box Europe Express"

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