Federal Reserve Governor Milan: A 50 Basis Point Rate Cut in December Was Appropriate, At Least 25 Basis Points Cut

BlockBeats News, November 11th: Federal Reserve Governor Milan stated that data since September has shown that the prospect has not changed significantly with the end of the government shutdown. The Fed's stance should be more dovish than it was in September. A 50 basis point rate cut in December would be appropriate, with at least a 25 basis point cut. (FXStreet)