Trump’s Fed Governor Pick Miran Says Inflation Is ‘Well Behaved’

Aug. 12, 2025, 2:11 PM UTC

Council of Economic Advisers Chair Stephen Miran says he’s “very happy to see that inflation continues to be well behaved.”

  • Miran, President Trump’s pick to fill an open governor seat at the Federal Reserve, speaks on CNBC
  • We’re seeing a “totally normal pattern of behavior” and “no evidence whatsoever of tariff-induced inflation,” Miran says
  • NOTE: US Core CPI Picks Up on Services; Goods More Subdued

To contact the reporter on this story:
Bryan Pietsch in Washington at bpietsch3@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

Lauren Dezenski

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