Bloomberg Talks
US Council of Economic Advisors Chairman Stephan Miran Talks Jobs Data
May 2, 2025
Stephan Miran, Chairman of the Council of Economic Advisers, shares insights on the latest jobs report and the economic implications following recent policies. He discusses the complexities of U.S.-China trade negotiations and the market's desire for substantial progress. Miran also explains the significance of Japan's treasury holdings and the administration's strategies for growth, including tax relief and deregulation. The conversation wraps with a lighthearted jab at tax breaks, adding a touch of humor to the serious topics.
11:50
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Quick takeaways
- Stephan Miran highlights the contrast between strong job growth and adverse economic indicators, pointing to potential volatility in future reports.
- Negotiations with China are critical for economic stability, with discussions on tariff reductions signaling a possible path towards fair trade agreements.
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