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Fed's Miran: Inflation is coming down
Breaking news
Fed's Miran: Inflation is coming down
New
2025.11.11 01:51
2025.11.11 01:51
2025.11.11 01:51
Federal Reserve (Fed) governor Stephen Miran spoke in an interview with CNBC on Monday, discussing inflation and monetary policy. He stated that inflation is decreasing and that maintaining the course on rate cuts is the correct decision.
Key takeaways
Inflation data is stale.
Inflation is coming down.
Some of my colleagues are looking at backwards-looking inflation.
50 bps cut appropriate for December, 25 bps at a minimum.
Balance sheet questions are separate from monetary policy questions.
We are not at maximum employment.
Unemployment rate is drifting higher, labor market is softening.
Imperative to ease policy.
Staying the path on rate cuts is the right move.
All data since September points in direction of cutting.
Fed chair's job is to reflect views of committee, which is divided.
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Japanese Yen.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.17% | 0.07% | 0.35% | 0.00% | -0.33% | 0.03% | 0.16% | |
| EUR | -0.17% | -0.10% | 0.21% | -0.16% | -0.49% | -0.14% | -0.01% | |
| GBP | -0.07% | 0.10% | 0.28% | -0.08% | -0.39% | -0.04% | 0.09% | |
| JPY | -0.35% | -0.21% | -0.28% | -0.34% | -0.68% | -0.32% | -0.19% | |
| CAD | -0.00% | 0.16% | 0.08% | 0.34% | -0.34% | 0.02% | 0.16% | |
| AUD | 0.33% | 0.49% | 0.39% | 0.68% | 0.34% | 0.36% | 0.50% | |
| NZD | -0.03% | 0.14% | 0.04% | 0.32% | -0.02% | -0.36% | 0.13% | |
| CHF | -0.16% | 0.01% | -0.09% | 0.19% | -0.16% | -0.50% | -0.13% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Last updated
: 2025.11.11
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