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Federal Reserve Governor Stephen Miran on Tuesday reportedly said that his forecast for inflation is more optimistic than some of his colleagues’.

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According to a Bloomberg report, Miran said during an event at the Managed Funds Association that the Fed’s current monetary policy is very restrictive and called for a series of 50-basis-point rate cuts.

“My forecast for inflation is more sanguine than some of my colleagues. So I view the mandate as less in tension than some others do,” Miran said, according to the report.

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