Odaily Planet Daily reported that Federal Reserve Governor Milan said on Wednesday that recent trade tensions have increased uncertainty in the economic growth outlook, making it even more important for policymakers to cut interest rates as soon as possible. Milan said at an event hosted by CNBC: "The downside risks are greater now than they were a week ago, and I think we have a responsibility to reflect this in our policies." He pointed out that trade policy uncertainty has brought "new tail risks." Milan added: "I wouldn't say that I want interest rates to be lower now than they were a week or a month ago. However, as the balance of risks changes, I think it has become more urgent to get policy back to a more neutral position as soon as possible." Milan previously said that he hopes to cut the benchmark interest rate by another 1.25 percentage points by the end of this year. According to the latest median forecast of 19 Federal Reserve officials, there will be two more interest rate cuts of 25 basis points each in 2025. Milan said on Wednesday that two more interest rate cuts this year "looks realistic." (Jinshi)