Fed’s Miran Lowers Rate Cut Expectations Amid Stubborn Inflation

29 articles · Updated · Reuters · Apr 16

Federal Reserve Governor Stephen Miran has scaled back his projection for interest rate cuts in 2026, citing persistent inflation.
Miran now anticipates three rate cuts instead of four, as inflation has become more entrenched and the case for policy easing is less compelling.
He expects inflation to reach the Fed’s 2% target within a year, but ongoing geopolitical tensions and energy shocks add uncertainty to the outlook.

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