According to Odaily, Federal Reserve Governor Stephen Milan reiterated on Friday that the Fed should move more decisively to cut interest rates, citing cooling inflation and rising risks in the labor market. Milan emphasized that while inflation pressures have eased, job growth is clearly slowing, and failure to adjust monetary policy in time could leave the U.S. economy facing serious challenges by 2027. As one of the most outspoken advocates for rate cuts within the Federal Reserve, Milan has consistently warned against keeping policy too restrictive for too long. His stance was evident at last week’s meeting, where he voted against the majority, calling for a 50-basis-point cut instead of the 25-basis-point reduction favored by most policymakers. With his term ending on January 31, Milan’s remarks underscore growing internal divisions at the Fed and raise questions about whether policymakers are moving quickly enough to balance inflation control with employment stability.

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