Fed Governor Miran: "No evidence tariffs raise prices"

JH Kim

Summary

Fed Governor Steve Miran said there is no evidence that tariffs increase inflation.
Miran said it is reasonable to reach the neutral rate gradually in 50bp increments.
He said he had previously advocated a 50bp rate cut alone at a recent FOMC meeting.

According to CNBC on the 19th (local time), Steve Miran, a member of the U.S. Federal Reserve (Fed), said there is no evidence that tariffs increase inflation.

He added, "It is reasonable to reach the neutral rate gradually in 50bp increments."

Meanwhile, Miran had previously advocated a 50bp rate cut alone at a recent Federal Open Market Committee (FOMC) meeting.

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

Fed Governor Miran: "No evidence tariffs raise prices"

PiCK News

"Pay coins and we’ll delete it"…As Meta looks the other way, victims of 'SNS doxxing' are mounting

White House: "Reach a conclusion by end of this month"…Pressure mounts for compromise on stablecoin yield language

[Market] Bitcoin steadies after 'wash shock'…reclaims the $79,000 level

[Today’s Key Economic & Crypto Calendar] Atlanta Fed GDPNow, More

[New York Stock Market Briefing] Rebound on bargain hunting in blue chips…Apple jumps 4%

Trending News