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Milan: Fed Has Ample Room to Cut Rates, Still Far From Zero Lower Bound

1 hours ago

On October 4th, Federal Reserve Governor Milan said, "I aim to present the required data prior to the October FOMC meeting. This year, the policy has tightened. I think my view on the neutral interest rate is in line with that of other Federal Reserve members. The Federal Reserve has sufficient room to cut interest rates, and the zero interest rate lower bound is still at a considerable distance." (FXStreet)

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