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Federal Reserve Governor Milan: A series of 50-basis-point rate cuts may be used to reach the neutral interest rate.
2025-11-03 12:55

Odaily Planet Daily reports that Federal Reserve Governor Milan stated that the Fed may reach the neutral interest rate through a series of 50-basis-point rate cuts, but does not need a 75-basis-point cut; the economy is not dysfunctional. He will not commit to voting against rate cuts again in December, as the situation may change. (Jinshi)