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🚨Milan Warning: Easing is Ending, the Economy Will Fall into Recession! But Will the Rate Cuts Stop?
"If rate cuts stop, the economy will really be in danger!" Federal Reserve Board Member Stephen Milan issued a warning. Although the urgency for a 50 basis point rate cut has diminished, he insists: easing must continue, or the risk of recession will approach!
Since taking office in September, Milan has pushed for rate cuts three times, totaling 75 basis points. He admits that the necessity for significant rate cuts is waning, but with rising unemployment and weak data, the path of easing cannot stop. "Policies should be refined, but is it at the end? I’m not sure."
Next month’s meeting may be his last appearance in office — his term ends in January, and his successor is not yet determined. "If no one takes over, I might continue to serve." He leaves a suspense.
Internal divisions within the Federal Reserve are intensifying: most officials believe there should be only one more cut, while hawks worry that inflation remains high. The game of easing versus tightening has entered a critical moment. How will this gamble conclude?
