On October 4, The Federal Reserve Board of Governors member Milan stated, "I hope to provide the necessary data before the October FOMC meeting. This year's policy has become more tightening. I believe my view on neutral interest rates is consistent with other Fed members. The Fed has ample room to cut interest rates and is still far from the zero lower bound." (Jin10)
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Milan: The Fed has ample room to cut interest rates, and is still far from the zero interest rate lower bound.
On October 4, The Federal Reserve Board of Governors member Milan stated, "I hope to provide the necessary data before the October FOMC meeting. This year's policy has become more tightening. I believe my view on neutral interest rates is consistent with other Fed members. The Fed has ample room to cut interest rates and is still far from the zero lower bound." (Jin10)