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Fed's Miran: Fed should be heading to a neutral rate estimated as low as 2.5%
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Fed's Miran: At this point might only see three cuts for the rest of the year. Fed's Miran: Even before the war, the underlying composition of inflation was getting more problematic for the Fed. Fed's Miran: Still reasonable to expect core goods price and housing inflation to continue to come down. MIRAN PREDICTS THAT 12-MONTH PCE INFLATION MAY REACH THE 2% TARGET WITHIN A YEAR. MIRAN STATES THERE IS NO SIGN OF A WAGE-PRICE SPIRAL EMERGING AND THAT LONG-TERM EXPECTATIONS REMAIN STABLE.
From finance.yahoo.com | Apr 16, 2026
Federal Reserve Governor Stephen Miran suggested on Thursday that hes become slightly more hawkish because inflation looks a bit stickier and he now sees less reason for accommodative monetary policy than he once did. Miran said the inflation picture has worsened since December, though not so much because of the war in Iran. Its what hed seen in the few ...
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