Fed Governor Miran May Reduce Rate-Cut Outlook Due to Persistent Inflation
Federal Reserve Governor Stephen Miran may reduce his rate-cut outlook due to more persistent inflation than expected. He previously lowered his forecast from six to four rate cuts by the end of 2026 and now considers three or four cuts possible. The U.S. war with Iran has increased inflation risks, complicating the Fed's monetary policy outlook.
Topics: economic outlook Federal Reserve inflation interest rates Middle East conflict