Fed's Miran (Voter, Dove) says no significant tariff-driven inflation seen so far, and interest rates should be much lower than current levels

Fed's Miran (Voter, Dove) says no significant tariff-driven inflation seen so far, and interest rates should be much lower than current levels.

Fed's Miran's comments suggest a dovish stance, indicating that he sees no substantial inflationary pressure from tariffs, which might support the case for lower interest rates. This perspective could influence market expectations around the Fed's rate path and potentially weaken the USD, as traders recalibrate their views on future monetary policy.