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Federal Reserve Governor Milan: At least a 25 basis point rate cut in December, a 50 basis point cut would be appropriate
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Jinse Finance reported that Federal Reserve Governor Milan stated that the potential end of the U.S. government shutdown has not significantly changed the outlook for the U.S. economy. Data since September suggests that the Federal Reserve's stance should be more dovish than it was in September. A rate cut of at least 25 basis points in December is appropriate, and a 50 basis point cut is also suitable.
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