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Fed's Miran lowers 2026 rate cut hopes due to strong jobs and inflation.
Federal Reserve Governor Stephen Miran has scaled back his 2026 interest rate cut expectations, citing stronger labor market data and persistent goods inflation.
He now anticipates rates staying below 2.75%, revising his earlier December forecast of a drop below 2.25%.
Despite remaining dovish, Miran’s shift reflects growing caution amid mixed economic signals.
He continues to serve on the Fed Board until his successor is confirmed, having previously chaired the White House Council of Economic Advisers.
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El Miran de la Fed baja las esperanzas de recorte de tasas para 2026 debido al fuerte empleo y la inflación.