Per Bloomberg TV: Fed's Miran says "underlying" inflation close to target [View all]

"Federal reserve governor stephen Miran again argued the central bank's policy stance is unnecessarily restrictive on the economy, pointing to his benign outlook for inflation and warning signs in the labor market.

Miran said he expects shelter inflation to ease as rent increases normalize from spikes during the Covid-19 pandemic."

Just to refresh people's memories, Miran was appointed by trump as chair of the council of economic advisers, and was one of the the main jackasses who developed trump's tariff policies arguing that they weren't inflationary.

Just another one of trump's elitist jackasses who has no idea how people are struggling trying to make ends meet.