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Fed's Miran: Fed has "to be cautious of reading too much into any one report."
Yahoo Finance· 2025-11-07 14:31
We always have to be cautious at reading too much into any one report and that's going to be even more the case when we have a government shutdown that we're not getting the data that we need to make monetary policy in the context of the overall picture of the job market. It seems like the pre-existing trends that were in place before the government shutdown labor market seem to be continuing uh you know at at a similar rate. You continue to see modest potential overall job creation.and you continue to see ...
Fed’s Miran explains his neutral rates stance
Bloomberg Television· 2025-11-03 15:15
It's not that I'm out of bounds for where the rest of the committee is unneutral. It's just that I flipped from having one of the highest neutral rates last year to now one of the lowest neutral rates. And that's driven by things like population growth, right. It's driven by things like fiscal deficits.And if you think about population growth, right, that's normally considered to be one of the biggest drivers of neutral rates. And it's part of the reason why people think that neutral usually moves very very ...