Fed's Miran Says Rate Cuts Are Appropriate as Policy Hinders Job Growth
Federal Reserve's Miran said it is appropriate to cut interest rates, arguing that the job market and inflation expectations do not indicate increasing inflation.
He also said federal policy is hindering job growth and that the Fed should ignore energy shocks.
From the sources (9 posts)
@firstsquawkFED'S MIRAN SUGGESTS IT'S TIME TO LOWER INTEREST RATES.
@firstsquawkFED'S MIRAN STATES THAT FEDERAL POLICY IS HINDERING JOB GROWTH.
@financialjuiceFed's Miran: I think it's appropriate to cut interest rates - Fox Business
@firstsquawkFED'S MIRAN BELIEVES THE FED SHOULD GIVE LESS FUTURE DIRECTION.
@deitaoneFED'S MIRAN: I THINK IT'S APPROPRIATE TO CUT INTEREST RATES - FOX BUSINESS
@firstsquawkFED'S MIRAN SAYS THE FED SHOULD IGNORE ENERGY SHOCKS.
@firstsquawkFED'S MIRAN SAYS JOB MARKET AND INFLATION EXPECTATIONS DO NOT INDICATE INCREASING INFLATION.
@firstsquawkFED'S MIRAN BELIEVES POWELL'S CONTINUATION IS ONLY TEMPORARY AND NOTHING ELSE.
@firstsquawkMIRAN GIVES STRONG ARGUMENTS FOR CUTTING THE FED'S BALANCE SHEET.