Fed's Miran: The Fed should cut by 50 bps but expect it will be a 25 bps move
- The uncertainty about the economy that had dissipated is now back because of US-China trade tensions
- But do not see a recession as a result of renewed US-China trade tensions
- If manufacturers can't get rare earth materials, it would be very disruptive
- Tariffs may yet have an impact on inflation but don't see it yet