Federal Reserve Governor Milan: The Fed is expected to cut interest rates in December
Jinse Finance reported that Federal Reserve Governor Milan stated that the Fed is expected to cut interest rates in December, and there is no need to cut rates by 75 basis points or to make up for previous insufficient rate cuts. He also mentioned that he would like to reach a neutral interest rate in steps of 50 basis points, while many colleagues prefer to adjust in steps of 25 basis points.
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