Fed Governor Miran Pushes for Aggressive Rate Cuts as Janus Henderson Seals $7.4B Acquisition and VIX Dips to Three-Month Low
Key TakeawaysFederal Reserve Governor Stephen Miran is advocating for aggressive interest rate cuts, proposing the federal funds rate be halved to 2% to avert a recession, a stance that diverges significantly from other Fed policymakers.Asset manager Janus Henderson Group plc (JHG) has agreed to be acquired by Trian Fund Management and General Catalyst in an all-cash transaction valued at approximately $7.4 billion, offering shareholders $49.00 per share.The CBOE Volatility Index (VIX), a key gauge of marke ...