Federal Reserve Board Member Milan: Inflation expectations have not yet been affected by rising oil prices, and there are no signs that the Federal Reserve will adjust its stance based on oil prices.

BlockBeatNews · 2026-03-30T14:21:49+00:00

BlockBeats News, on March 30th, Federal Reserve Board Member Michelle Bowman stated that inflation expectations have not been affected by rising oil prices, and there is no indication that other colleagues will adjust their stance based on oil prices. Inflation will be adjusted to the target level within a year, and the Federal Reserve can gradually cut interest rates by one percentage point within a year.

BlockBeatNews

2026-03-30 14:21:49

BlockBeats message. On March 30, Federal Reserve Governor Milan said that inflation expectations have not yet been affected by the rise in oil prices, and there is no sign that other colleagues will adjust their positions based on oil prices. Inflation will be brought back to the target level after one year, and the Fed can gradually cut rates by one percentage point within that year.

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