Fed’s Milan Says Policy Too Restrictive, Sees Room for Further Rate Cuts

According to reports from ChainCatcher and Odaily, Federal Reserve Governor Milan stated that the disappearance of tariff revenues could have implications for U.S. monetary policy. He added that the Fed’s current stance remains too restrictive, posing potential risks to the economy.Milan emphasized that while inflation concerns persist, the overall policy framework may be constraining growth. He noted that continued interest rate reductions are a reasonable path forward to balance economic stability and risk management.His comments align with recent discussions among policymakers about easing conditions to support growth amid weakening fiscal inputs and slowing global demand.