Key Metrics
7.94
Heat Index-
Impact LevelMedium
-
Scope LevelNational
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Last Update2025-11-12
Key Impacts
Positive Impacts (11)
Negative Impacts (2)
Event Overview
A Federal Reserve official supports a more significant reduction in interest rates, arguing that current monetary policy is too restrictive and could lead to an economic slowdown. The call for a 50 basis point cut highlights the ongoing debate over the appropriate stance of monetary policy.
Collect Records
Fed Governor Milan Predicts Inflation Decline and Calls for Lower Interest Rates
Fed Governor Milan predicts that inflation will decline and calls for a reduction in interest rates. He believes that monetary policy should be adjusted from its overly tight state to reduce the risk of economic downturn. Milan, who will return to the White House as an economic advisor after his term ends in January next year, voted against a 25 basis point rate cut in the last two rate-setting meetings, advocating instead for a 50 basis point cut. He also warned against a simplistic interpretation of inflation data.