Federal Reserve Governor Milan: Core PCE inflation rate is likely below 2.3%, within the Fed's "noise range".

Odaily Planet Daily reports that Federal Reserve Governor Milan stated that, excluding housing and non-market-related items, the core PCE inflation rate is likely below 2.3%, within the "noise range" of the Fed's 2% target. She reiterated that maintaining an overly tight policy would lead to job losses. (Jinshi)