Stephen Myron

when I was the incoming chairman of the Council of Economic Advisers last year, I was very grateful to the previous chairman, Jared Bernstein, for spending time with me on the phone, being very generous with his time.

Look, transitions are important.

When I look at underlying inflation, I don't really see a lot of very strong price pressures in the economy.

I don't see a lot of strong supply-demand imbalances of the type that monetary policy should respond to.

I'm probably looking for a little bit more than a point of interest rate cuts over the course of the year.

I mean, look, you know, I think that the inflation data have been a little bit distorted by some some anomalous features.

When I look at underlying inflation, I don't really see a lot of a lot of very strong price pressures in the economy.

I don't see a lot of strong supply demand and balances of the type that monetary policy should respond to.

I think that Chairman-designate Warsh has a long and illustrious career in history as a very insightful thinker on monetary policy.

I think he's a fantastic pick from the president.

I think he's got enormous credibility.

I think he's got enormous gravitas.

I think he's got enormous respect from financial markets, from economists, from everyone.

I think he's going to do just a knockout job.

I think that Chairman-designate Warsh has a long and illustrious career in history as a very insightful thinker on monetary policy.

I think he's a fantastic pick from the president.

I think he's got enormous credibility.

I think he's got enormous gravitas.

I think he's got enormous respect from financial markets, from economists, from everyone.

I think he's going to do just a knockout job.