Miran says he doesn’t see tariffs causing inflation, putting him in minority on Fed committee

Key Points

Federal Reserve Governor Stephen Miran told CNBC Friday that he doesn’t anticipate President Donald Trump’s tariffs will cause inflation.
The governor also said that he believes Trump’s border policies will give rise to disinflation.
Earlier this week, Miran dissented against the central bank cutting its key interest rate by a quarter percentage point.

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