March 6 (Reuters) – Federal Reserve Governor Stephen Miran on Friday said the jump in oil prices since the start of the U.S.-Israeli attacks on Iran could sap demand elsewhere and might make him even more in favor of steep interest rate cuts.
“I’m hesitant to react to what’s going on in oil until we know more, but if anything it biases me toward even more dovish policy,” Miran told CNBC.
(Reporting By Dan Burns)
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