[Fed Governor Milan: Continue Rate Cuts to Address Economic Uncertainty]
ChainCatcher reports, according to Jinshi, Fed Governor Milan stated that continuing rate cuts remains appropriate because it is still too early to assess the impact of the Middle East war on the U.S. economy. He believes that the events over the weekend have not changed the outlook for the labor market or inflation. Despite the surge in oil prices leading investors to lower expectations for the Fed to cut rates in 2026, Milan still believes the labor market needs more monetary policy support.
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[Fed Governor Milan: Continue Rate Cuts to Address Economic Uncertainty]
ChainCatcher reports, according to Jinshi, Fed Governor Milan stated that continuing rate cuts remains appropriate because it is still too early to assess the impact of the Middle East war on the U.S. economy. He believes that the events over the weekend have not changed the outlook for the labor market or inflation. Despite the surge in oil prices leading investors to lower expectations for the Fed to cut rates in 2026, Milan still believes the labor market needs more monetary policy support.