Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Federal Reserve Governor Milan suggests a 150 basis point rate cut this year

Federal Reserve Governor Milan suggests a 150 basis point rate cut this year

AIcoinAIcoin2026/01/08 13:48
Show original
Federal Reserve Governor Milan stated that there should be a 150 basis point rate cut this year to boost the labor market. He believes that core inflation may remain around 2.3%, and that monetary policy is restrictive, leaving room for rate cuts. Milan pointed out that about 1 million Americans are currently unemployed, but employment will not trigger unnecessary inflation. He is still uncertain whether he will remain at the Federal Reserve after his term ends, and the public expects that Trump may use Milan's seat to appoint the next chair. If Powell leaves after his term as chair ends in May, there may be another vacant seat at the Federal Reserve.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Adidas achieves record revenue in the third quarter, with Greater China growing by 13%, signaling channel expansion

Adidas has continued its growth momentum in the Chinese market, with channel partners beginning to show a stronger willingness to expand stores. On October 29, Adidas released...

华尔街见闻•2026/10/30 04:08

The Bank of Japan keeps its benchmark interest rate unchanged at 1.25%, warns of increasing risks of inflation overshooting, and maintains a gradual rate hike stance.

The Bank of Japan stated that core inflation has reached a level consistent with its price target and is expected to remain around this level. Medium- and long-term inflation expectations are maintained at approximately 2%. The central bank also emphasized the need to pay special attention to the risk of inflation deviating upward and becoming a reality.

华尔街见闻•2026/10/30 03:51

User growth hits record high in Q3, but revenue "loses steam": Citi maintains neutral rating on Pinterest (PINS.US)

Pinterest's Q3 revenue and profits fell short of expectations, with weak monetization in Europe dragging down guidance. Citi maintains a neutral rating with a target price of $27.

智通财经•2026/10/30 03:28