Fed’s Miran says demand risk from oil increase may make him more dovish

March 6 (Reuters) – Federal Reserve Governor Stephen ​Miran on ‌Friday said the jump in oil prices ‌since ​the ⁠start of the ⁠U.S.-Israeli attacks on Iran could sap demand ​elsewhere and might ⁠make him ⁠even more ​in favor ​of steep interest rate ‌cuts.

“I’m hesitant to react to what’s ⁠going on in oil until we ⁠know ‌more, ⁠but if ​anything ‌it biases me ​toward ⁠even more dovish policy,” Miran told CNBC.

(Reporting By Dan ​Burns)