Fed's Miran (voter) says some of the concern he has on labour markets is a little less than he had before, adds a range of policies are pushing out the supply of the economy and will increase economic growth in a non-inflationary way
Importance
Level 1
Says:
- Fed is one of the biggest risks to growth.
- Monetary policy has passively tightened.
- We may be underestimating how restrictive monetary policy actually is.
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