Federal Reserve Board Member: The Federal Reserve should cut interest rates by more than 100 basis points this year

2026-01-06 13:43:40

BlockBeats News, January 6th, Federal Reserve Board Member Milan stated that data is expected to continue indicating that rate cuts are appropriate. The Federal Reserve should cut rates by more than 100 basis points this year.

Core inflation is close to the Federal Reserve’s target. The Fed’s policy is restrictive and is dragging down the economy. (Jin10)

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