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  • 18:08
    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.
  • 17:55
    Milan: Hopes to reach neutral interest rates with steps of 50 basis points each
    ChainCatcher news, according to Golden Ten Data, Federal Reserve Governor Milan stated that he hopes to reach a neutral interest rate in increments of 50 basis points per step, while many of his colleagues prefer to adjust in increments of 25 basis points per step.
  • 17:39
    Hammack: Current monetary policy faces a challenging period
    According to ChainCatcher, citing Golden Ten Data, Federal Reserve's Harker stated that this is a challenging period for monetary policy making, and it will take one to two years to return to the 2% inflation target. He pointed out that the Federal Reserve has made greater mistakes regarding inflation than in terms of employment goals.
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