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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.
#UNITED STATES#USD#JAPAN#UNITED KINGDOM#IMPORTANT#FOREX#FIXED INCOME#EQUITIES#ENERGY#EU SESSION#US SESSION#FEDERAL RESERVE#CENTRAL BANK#DOVE#INFLATION#WTI#COMMODITIES#DXY#TRUMP
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