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PANews reported on February 3rd that, according to Jinshi News, Federal Reserve Governor Milan stated that the Fed needs to cut interest rates by about one percentagePANews reported on February 3rd that, according to Jinshi News, Federal Reserve Governor Milan stated that the Fed needs to cut interest rates by about one percentage

Federal Reserve Governor Milan: The Fed needs to cut interest rates by about one percentage point this year.

Author: PANews

Source: PANews

2026/02/03 20:29

1 min read

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PANews reported on February 3rd that, according to Jinshi News, Federal Reserve Governor Milan stated that the Fed needs to cut interest rates by about one percentage point this year, and underlying inflation is not a problem. He noted that there is no significant strong price pressure in the economy, and the rise in long-term yields is partly due to better growth expectations; stronger growth in the future does not require higher interest rates.

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