Fed's Miran Supports Gradual 25 Basis Point Rate Cuts Until Neutral Stance is Achieved

IRAN OPERATIVES MADE OFFER TO DISCUSS TERMS FOR ENDING WAR: NEW YORK TIMES *IRAN INTEL MINISTRY REACHED OUT INDIRECTLY TO CIA: NYT - BBG *IRAN OPERATIVES MADE OFFER TO DISCUSS TERMS FOR ENDING WAR: NYT *NYT CITES OFFICIALS BRIEFED ON THE IRANIAN OUTREACH TO THE CIA *US OFFICIALS SKEPTICAL ABOUT READINESS FOR IRAN OFFRAMP: NYT

Fed's Miran: It is too early to have firm views on Iran policy impact. Fed's Miran: Evidence that oil prices feed into core inflation is quite limited. Just in | Fed's Miran: Current Monetary Policy Remains Modestly Restrictive. Fed's Miran: 1 percentage point of cuts is appropriate this year. MIRAN: IF HOUSING INFLATION DECELERATES AS EXPECTED THE FED COULD UNDERSHOOT THE 2% TARGET || APPROPRIATE TO CONTINUE TO CUT AT THE MARCH MEETING; HAVE NOT CHANGED THE OUTLOOK BASED ON THE OUTBREAK OF CONFLICT IN IRAN ...

TRUMP ON IRAN WARFRONT: ON A SCALE OF 1-10 I'D RATE IT A 15 US PRES TRUMP: WE ARE IN VERY STRONG POSITION ON IRAN - EVERYONE WHO WANTS TO BE IRAN LEADER ENDS UP DEAD ...