Federal Reserve Milan: A one percentage point rate cut this year is appropriate

By: rootdata|2026/03/04 22:44:16
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According to Jinshi reports, Federal Reserve Governor Mester stated that a one percentage point rate cut this year is appropriate.

He believes that the current interest rates are likely one percentage point above the neutral rate and hopes to continue cutting by 0.25 percentage points each time until the Federal Reserve's rate reaches the neutral level, at which point a reassessment will be made.

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