Core Viewpoint - The Federal Reserve Governor Milan advocates for immediate and significant interest rate cuts to prevent economic damage, arguing that the current policy rate of 4% to 4.25% is overly restrictive compared to his estimated neutral rate [1] Group 1: Interest Rate Policy - Milan believes that the Federal Reserve should accelerate policy adjustments rather than proceed slowly, as a tight monetary policy makes the economy more vulnerable to downturns [1] - The Federal Reserve recently voted to lower rates by 25 basis points, marking the first cut of 2025, but Milan opposed this decision, favoring a 50 basis point cut instead [1] - Milan suggests that multiple 50 basis point cuts could quickly achieve the neutral rate, allowing for more cautious adjustments thereafter [2] Group 2: Economic Concerns - Several policymakers, including Fed Chair Powell, are cautious about rate cuts due to concerns that tariffs from the Trump administration may continue to drive inflation higher [1] - Powell indicated that the risks of rising inflation, combined with signs of weakness in the labor market, will pose challenges for the Fed's decision-making in the coming months [1]
特朗普“嫡系”美联储理事警告：必须立刻大幅降息 否则将损害美国经济
Zhi Tong Cai Jing·2025-09-25 13:38