Federal Reserve Milan: Trade uncertainty intensifies, calls for faster rate cuts
TechFlame
2025-10-15 14:32
TechFlame2025-10-15 14:32
English
According to TechFlame, according to Kim's report, Federal Reserve Governor Milan said on Wednesday that recent trade tensions have heightened uncertainty about economic growth prospects, making it even more important for policymakers to cut interest rates as soon as possible. He pointed out that the current downside risk is greater than a week ago, and believes it is incumbent on the policy to reflect this. Milan hopes to lower the benchmark interest rate by 1.25 percentage points by the end of this year, and says it “seems realistic” to cut interest rates twice more this year.