美联储米兰：不再认为美联储今年应像之前预期大幅降息

Core Viewpoint - The Federal Reserve Governor Stephen Milan has revised down his expectations for the extent of interest rate cuts this year, citing stronger-than-expected economic data in the U.S. [1] Economic Conditions - Recent data indicates that the employment situation is better than previously anticipated by Milan [1] - There are signs that commodity inflation is proving to be more persistent [1] Interest Rate Projections - Milan no longer believes that the Federal Reserve should implement significant rate cuts as he had predicted two months ago [1] - Previously, Milan expected interest rates to fall below 2.25% by the end of this year; he now leans towards a more moderate stance, anticipating rates to be below 2.75% by the end of 2026 [1] - This suggests a total rate cut of one percentage point from the current level of 3.5% to 3.75% [1] Divergence in Views - Milan remains one of the more dovish members of the Federal Reserve, contrasting with the majority of officials who expect only a 25 basis point cut this year [1] - His latest stance indicates a growing divergence from the economic policy positions he previously held while working in the White House [1]