Fed's Miran says deregulation should reduce pressure on prices, which is another reason for the Fed to cut interest rates

• Deregulation has been substantial and expects this trend to continue. 
• Adds that 30% of regulation could be eliminated by 2030 and cutting inflation by half a percentage a year.

Fed's Miran's comments suggest a continuing trend of deregulation may lead to lowered inflationary pressures, which he argues is a rationale for cutting interest rates. This aligns with a dovish shift from the Fed, potentially impacting market expectations for future rate cuts and influencing USD dynamics against major currencies.