Fed's Miran (dove) expects data to support more rate cuts and Fed should cut more than 100bps this year - Fox Business TV interview
SourceNewswires
Importance
Level 1
Inflation:
- Inflation over Fed's target is due to statistical quirks.
- Underlying inflation is near the Fed's target.
Fed Chair:
- Have not spoken with Trump about becoming Fed Chair.
- All names on short list for Fed Chair are credible.
Economy:
- Fed policy is restrictive and holding economy back
- Fiscal policy will support growth this year.
- 'Really excited' about limited master accounts.
- Optimistic about economic growth.
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