The Federal Reserve Board of Governors Milan: Data supports interest rate cuts, The Federal Reserve (FED) should be more dovish.

[The Federal Reserve Board of Governors] Milan: Data Supports Rate Cuts, The Federal Reserve (FED) Should Be More Dovish. [The Federal Reserve Board of Governors] Milan stated that recent economic data supports the case for rate cuts by the [The Federal Reserve (FED)]. Since the [The Federal Reserve (FED)]'s September policy meeting, “I think all the data we have received points to dovishness,” Milan said. “Inflation data is better than our expectations,” he said, adding that employment market data has weakened. Regarding the issue of another rate cut, “All of this should make us more dovish, not the opposite.”