European banks form company to launch euro stablecoin

Fed's Miran: I See Shelter Inflation Coming Down In Next 6-12 Months The Long Term Response To The Recent Fed Rate Cut Was Muted, But Do Expense Them To Come Down I Think Policy Is 150-200 Bps Too Restrictive Fed's Miran: I’m Probably More Sanguine On Growth Than Many At Fed Decent Shot At 3% Growth For The Second Half Of 2025 And Into 2026 View Of Rate Cuts Based On Expectation That Neutral Is Being Pushed Lower By Tax Policy And Immigration Fed's Miran: In The Next 6 Months Would Like The Fed To Be A Lot Closer To Neutral; Can Get There In A Series Of Half Point Moves There Is No Material Evidence Of Tariff Driven Inflation, But That Seems To Be Holding Up Others On The Fed

Just in | Fed's Miran Indicates Closer Alignment with Peers on 2026 Projections Despite Maintaining Conservative Outlook. Fed's Miran: I am still on the low end of 2026 projections, but less daylight between me and others <=USD>:*MIRAN: I DON'T THINK LABOR MARKET IS ABOUT TO FALL OFF A CLIFF ?*MIRAN: NEUTRAL RATE IS DRIFTING DOWN, SO POLICY HAS TO ADJUST Fed's Miran: Housing shows not all financial conditions are loose FED'S MIRAN: ATTRIBUTING ALL CHANGES TO FINANCIAL CONDITIONS TO MONETARY POLICY MAY BE A MISTAKE OTHER FACTORS MAY INCLUDE TAX AND REGULATORY POLICY THE LONGER THAT YOU STAY RESTRICTIVE THE GREATER THE RISK