Milan: I don't think it's necessary to cut interest rates by more than 50 basis points
Milan, a member of the Federal Reserve Board, said that the differences with colleagues' policy views are more about the speed of interest rate cuts rather than the ultimate interest rate target; a more optimistic view on inflation is mainly due to expectations of housing costs; and believes that it is not necessary to cut interest rates by more than 50 basis points.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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