Fed has excess focus on backward-looking data, says former Fed Governor Stephen Miran

Former Fed governor Stephen Miran joins CNBC to discuss whether there is a case for cutting rates and where inflation may be next year. The segment is centered on monetary policy, interest-rate direction, and the inflation outlook rather than on a discrete policy decision or market-moving data release.

Analysis

Former Fed governor Stephen Miran joins CNBC to discuss whether there is a case for cutting rates and where inflation may be next year. The segment is centered on monetary policy, interest-rate direction, and the inflation outlook rather than on a discrete policy decision or market-moving data release.