Fed Governor: Fed Should Cut Rates by Over 100 Basis Points This Year

2026-01-06 13:43

BlockBeats News, January 6th: Federal Reserve Governor Milan stated that the data is expected to continue to support a rate cut. The Fed should cut rates by over 100 basis points this year.

The core inflation rate is close to the Fed's target. Fed policy is restrictive and is dragging down the economy. (FX678)

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