Milan: After a significant interest rate cut, further cuts are expected in 2026 and 2027.

On September 23, The Federal Reserve Board of Governors member Milan stated that it is better to transition to a neutral policy as soon as possible, but he is not panicked about the current state of policies. The Fed has involved itself in too many areas beyond its core mission. After significant interest rate cuts, further cuts are expected in 2026 and 2027. During my time at the Fed, I will have my own independent views and will maintain transparency regarding them. The president has the right to express his own views on monetary policy.

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