Odaily Planet Daily News: Federal Reserve Governor Miran stated that he expects interest rate cuts of 150 basis points this year to boost the labor market. When describing monetary policy as restrictive, Miran noted that core inflation may remain around 2.3%, which means Federal Reserve officials still have room for further rate cuts. Miran stated, “Core inflation is fluctuating within our target range, which is a good indication of the trajectory of overall inflation in the medium term. Approximately 1 million Americans are currently unemployed, but if they were employed, it would not cause unnecessary inflation,” Miran said. He indicated that it is unclear whether he will remain at the Federal Reserve after his term ends. Many Federal Reserve observers expect that Trump will use Miran’s current seat to install his chosen successor as the next Fed chair on the board. However, if Powell leaves the Federal Reserve after his chair term ends in May, it could free up another seat.(Jinshi)
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Milan mendesak pelonggaran dalam penanganan krisis dan menyatakan bahwa tahun ini seharusnya suku bunga dipangkas sebesar 150 basis poin
Odaily Planet Daily News: Federal Reserve Governor Miran stated that he expects interest rate cuts of 150 basis points this year to boost the labor market. When describing monetary policy as restrictive, Miran noted that core inflation may remain around 2.3%, which means Federal Reserve officials still have room for further rate cuts. Miran stated, “Core inflation is fluctuating within our target range, which is a good indication of the trajectory of overall inflation in the medium term. Approximately 1 million Americans are currently unemployed, but if they were employed, it would not cause unnecessary inflation,” Miran said. He indicated that it is unclear whether he will remain at the Federal Reserve after his term ends. Many Federal Reserve observers expect that Trump will use Miran’s current seat to install his chosen successor as the next Fed chair on the board. However, if Powell leaves the Federal Reserve after his chair term ends in May, it could free up another seat.(Jinshi)