Fed Governor Miller: Recent inflation data exhibit substantial upward bias due to government shutdown, and recent figures should steer policy toward a dovish direction

Fed Governor Miller: Recent inflation data exhibit substantial upward bias due to government shutdown, and recent figures should steer policy toward a dovish direction

2025-12-22 21:40

ChainThink News, December 22, Federal Reserve Governor Milan stated that last week's inflation data exhibited some anomalies due to the government shutdown, which distorted the housing inflation index to some extent. The annual CPI has shown significant upward bias, and recent data should push market sentiment toward a dovish stance. If we do not adjust policy, we face an increasingly elevated risk of recession. We believe policy rates will ultimately be reduced. (Jinshi)

Disclaimer: Contains third-party opinions, does not constitute financial advice

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