logo

ChainThink

Stay ahead, master crypto insights

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

Recommended Reading
Sources: Trump may appoint new Fed Chair in first week of January 2026
Sources: Trump may appoint new Fed Chair in first week of January 2026
Kalshi: Predictive Markets Outperform Wall Street Consensus Forecasts in Inflation Prediction
Kalshi: Predictive Markets Outperform Wall Street Consensus Forecasts in Inflation Prediction
Fed Governor Miller: Personally not yet decided on the extent of rate cuts, but will gradually reduce opposition to 50 basis point rate cuts
Fed Governor Miller: Personally not yet decided on the extent of rate cuts, but will gradually reduce opposition to 50 basis point rate cuts
The probability of a rate cut by the Federal Reserve in January drops to 19.9%, while the probability of maintaining interest rates unchanged through March stands at 44.7%.
The probability of a rate cut by the Federal Reserve in January drops to 19.9%, while the probability of maintaining interest rates unchanged through March stands at 44.7%.
Russia's summer computing power accounts for over 16% globally, and mining activities may strengthen the ruble exchange rate
Russia's summer computing power accounts for over 16% globally, and mining activities may strengthen the ruble exchange rate
The Federal Reserve plans to inject approximately $6.8 billion into the market today.
The Federal Reserve plans to inject approximately $6.8 billion into the market today.
Next Year's New FOMC Voter Signals Hawkish Stance Early: Rates Should Remain Frozen Through Spring, Inflation Still a Core Concern
Next Year's New FOMC Voter Signals Hawkish Stance Early: Rates Should Remain Frozen Through Spring, Inflation Still a Core Concern