• Hope jobs data will convince others on Fed to cut rates
• It’s hard to quantify impact of AI on the economy
• Unemployment rate rising because monetary policy is too tight
• Fed should get to neutral rate quickly
• I don’t see an inflation problem
• Concerned by higher cost of living but Fed policy needs to look ahead
• Interested in moving Fed balance sheet more to Treasury bills

It shouldn’t be surprising to see Miran continuing to call for large rate cuts given that he was put there by Trump for that reason. Markets have been rightly ignoring him, so his comments never really matter.

This article was written by Giuseppe Dellamotta at investinglive.com.



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