★Fed Governor Miran says job losses in February add to the case for more interest rate cuts

"This dovish signal from a Fed Governor, explicitly prioritizing labor market support over inflation concerns, suggests a potential shift in the Fed's reaction function, increasing the probability of earlier and more aggressive rate cuts. Such a pivot could re-rate risk assets, particularly growth and duration-sensitive equities, while potentially weakening the dollar and recalibrating fixed income portfolios for lower-for-longer yields. Capital flows would likely accelerate into emerging markets and high-beta segments."