3MinuteRead | Fed's Miran Says Raised Headline Inflation Projection This Year To 2.7% On Oil Shock; Fed Is About Percentage Point Over Neutral Rate; Fed Should Cut Toward Neutral Rate This Year; Fed Policy Is Wrongly Holding Economy Back Right Now; Sees Lower Neutral Rate Than Colleagues But Not That Far Out Of Alignment; Very Optimistic About Stablecoins, Will Pull More Into Dollar Ecosystem - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)

Fed's Miran Says Raised Headline Inflation Projection This Year To 2.7% On Oil Shock; Fed Is About Percentage Point Over Neutral Rate; Fed Should Cut Toward Neutral Rate This Year; Fed Policy Is Wrongly Holding Economy Back Right Now; Sees Lower Neutral Rate Than Colleagues But Not That Far Out Of Alignment; Very Optimistic About Stablecoins, Will Pull More Into Dollar Ecosystem - State Street SPDR S&P 500 ETF Trust (ARCA:SPY)

Published on March 25, 2026.

The US Federal Reserve (Fed) has raised its headline inflation projection to 2.7% due to oil shock and is considering cutting its own Neutral Rate. The Fed is also very optimistic about investing in stable currencies. The article also discusses the potential impact of this shift on the economy.

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