Stephen Myron

I want to keep it nice and pure.

But he certainly wants to cut rates.

I've been watching him for a long time.

We all need to understand we still have a working...

quorum of members, whether or not they have an acting chair is a decision that the president and I assume the Treasury Secretary and others can look at.

But that's not my problem.

We're here because of them.

We're not here because of me.

I believe that the sweeping deregulation underway in the United States will significantly boost competition, productivity, and potential growth, allowing for faster economic growth without putting upward pressure on inflation.

Well targeted deregulatory reforms can help lay the foundation for more sustained and robust economic growth by expanding the productive capacity of the economy known as the supply side.

Such sustainable increases in actual and potential growth have different implications for monetary policy than purely cyclical growth spurts which boost growth in the near term without raising economic potential.

Shelter inflation really, really lags a lot.

And because average tenant rents have caught up to new tenant rents, because market rents have been running at a 1% rate for a couple of years now, I think it's appropriate to sort of think about underlying inflation as abstracting from that a little bit.

For many years, professional law enforcement training has been to try and avoid using tactics that place officers in a situation with an unarmed motorist where deadly force may be necessary.

I'm looking for about a point and a half of cuts.

A lot of that is driven by my view of inflation.

I gave a speech about this about a month ago in December at Columbia University.

My view is that almost all of the excess inflation over Target is due to quirks of how we calculate inflation.

His term on the Federal Reserve Board ends at the end of the month, but Stephen Myron says the Fed should be aggressive this year and then cut rates by well over a full percentage point.

He's on Fox Business.