Federal Reserve Governor Milani: The Federal Reserve can gradually cut interest rates by one percentage point within a year

2026-03-30 15:02:24

Golden Finance reported that on March 30, Federal Reserve Governor Michelle Bowman said: The Federal Reserve could gradually cut interest rates by one percentage point within a year. The Federal Reserve’s balance sheet is too large, and it hopes to reduce the Federal Reserve’s balance sheet. A rate cuts can be used to offset the balance sheet reduction.

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