Steve Miran, Chair of the US Council of Economic Advisers (CEA) and Federal Reserve nominee, stated that inflation remains well behaved, with the Consumer Price Index (CPI) running at an annualized rate of 1.9% since President Donald Trump took office. Miran emphasized that there is no evidence of tariff-induced inflation despite the administration implementing tariffs for over six months. He noted that overall inflation indexes have remained stable and suggested that over time, other countries will bear the cost of tariffs. While acknowledging the presence of disinflationary pressures, Miran declined to comment on potential interest rate cuts due to his pending nomination. His remarks reflect a positive outlook on inflation trends amid ongoing tariff policies.