Is Business Broken?

Federal Reserve Governor Stephen Miran on Tariffs, Inflation, and Deregulation

March 12, 2026·31 min
Episode Description from the Publisher

In recent years, the Federal Reserve has faced down enormous economic challenges: rising inflation, new trade policies, a pandemic, and a weaker labor market. So how much are tariffs really driving price increases? How should we measure inflation in a modern economy? And how has bank regulation reshaped the Fed’s balance sheet and the role it plays?  At a recent live event, Host Curt Nickisch sits down with Stephen Miran, a member of the Board of Governors of the Federal Reserve System. Previously, Governor Miran chaired the Council of Economic Advisers, where he helped develop much of President Trump’s trade policy. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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