Fed Governor Miran says banks are over regulated, harming credit creation; he is a big supporter of Bowman's agenda
Fed Governor Miran's remarks suggest a dovish stance regarding inflation and credit conditions, signaling a potential shift in monetary policy if his views align with broader consensus.
Western Union (WU) files for undisclosed notes offering
Iran hopes that upcoming talks will focus on nuclear issues and sanctions
Fed Governor Miran says banks are over regulated, harming credit creation; he is a big supporter of Bowman's agenda
Newsquawk Daily US Equity Opening News: NVDA pares gains amid concentration, competition concerns; CRM falls on guide
Warner Bros Discovery (WBD) says expects to exceed 140mln subscribers by the end of Q1 2026, with projections to pass 150mln by year-end 2026; HBO Max platform has surpassed 130mln subscribers globally
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- Not seen anything worrisome yet in private credit despite some bumps. It is not yet worrying from a macro perspective.
- Labour market data has been a bit better, but it is still too early to sound the all clear.
- Does not think the US has an inflation problem at the moment.
- Prices seem stable.
- Monetary policy could offset the impact of credit card gaps.
- AI will be profoundly dis-inflationary.
- Food prices can always see outliers.
- Reiterates Fed should cut by 100bps this year, four cuts are appropriate, sooner rather than later.
His call for 100bps in rate cuts this year could indicate a more supportive environment for growth, especially as he downplays current inflation concerns and credit risks. Keep an eye on the market's digestion of these comments, particularly for how they might influence the USD and fixed income markets moving forward.
Related headlines
- US EQUITY OPEN: Dovish Waller helps push indices higher although AVGO guidance underwhelms4 hours ago
- PREVIEW: US Nonfarm Payrolls are due on 4th September at 13:30BST/08:30EDT2 hours ago
- Fed's Waller (voter) to support holding policy rate steady at September FOMC meeting if August inflation data shows continued progress6 hours ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO and HPE fall on outlooks; SNOW surges on earnings beat5 hours ago
- [MARKET UPDATE] Dovish reaction as Fed's Waller leans towards hold in September, albeit very much data dependent; T-notes, stocks and gold move higher with the dollar sold; Pricing is back to 50/50 for hold/hike5 hours ago
- Fed Governor Waller (Voter) says with CPI and PPI in hand, have a pretty accurate view of PCE inflation5 hours ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee7 hours ago
- US President Trump says "It is very good for Canadian Politicians like PM Carney to make Trump “the enemy,” until their Economy collapses then it will prove to be very bad for Politics — Worse than anything that has ever happened to a Canadian Politician"3 hours ago
- US President Trump's administration is reportedly ratcheting up its fight to get more oil flowing from California, AP News reports4 hours ago
- US President Trump clarifies that Commerce Secretary Lutnick had Venezuela on his mind when he said nobody was killed, adds that 18 people were killed in Iran7 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port7 hours ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before7 hours ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass7 hours ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits8 hours ago
- US Chicago Fed Labor Market Indicator Final 4.08% (Prev. 4.10%)6 hours ago
- US President Trump reiterates Spain doesn't what they should in NATO34 min ago
- Russian Deputy PM Novak says Russia is experiencing some gasoline shortages7 hours ago
- Saudi Arabia reportedly sets October Arab light crude oil OSP to Asia at minus USD 2/bbl vs Oman/Dubai average, according to a pricing document3 hours ago
- US Trade Balance (Jul) -88.60B vs. Exp. -90B (Prev. -73.30B)6 hours ago
- Nvidia (NVDA) confirms it is to acquire Hugging Face for USD 12.93bln; Hugging Face will remain an open platform6 hours ago
The whole workspace, free to try.
Try it free