Yesterday Miran gave his first speech as a Fed Governor at the Economic Club of New York. It was rated by the JPMorgan model as the most dovish in quite a while, even scored as outside of the three-month standard deviation. Appropriately, he was very focused on monetary policy.
Separately, Powell gave a speech today which was rated significantly less dovish by the JPM model. Bowman’s speech (today also) was massively more dovish than either Miran’s or Powell’s; she must want to be named the Chair.
