About this episode

Steve Miran discusses economic growth forecasts and monetary policy with the RenMac Off-Script team.

Former CEA Chair and Federal Reserve Board of Governors member Steve Miran joins the RenMac Off-Script team to discuss why he sees potential growth running closer to 3% than 2% — on tax incentives, deregulation, and AI — and why a data-dependent Fed is "momentum trading" monetary policy rather than forecasting inflation a year out. The team breaks down AI capex draining tech free cash flow, the Warsh Fed's dissents and Waller's hawkish turn, a stronger yen and the mechanics of possible FX intervention. They also explore new S&P highs, Middle East uncertainty, and the week ahead in the CPI print.

People in this episode

Hosts: Jeff deGraaf, Neil Dutta, Stephen Pavlick

Guest: Steve Miran

Topics covered

• economic growth
• monetary policy
• AI impact
• foreign exchange
• CPI

Keywords

• economic growth
• monetary policy
• AI
• CPI
• foreign exchange

Mentioned in this episode

Organizations: Federal Reserve Board of Governors, RenMac

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