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The Federal Reserve Board of Governors member Milan: May reach the neutral interest rate by cutting interest rates by 50 basis points.
According to ChainCatcher news and Jin10 reports, Federal Reserve Board of Governors member Mylan stated that the Fed may reach a neutral interest rate through a series of 50 basis point rate cuts, but there is no need for a 75 basis point cut; he pointed out that the economy has not experienced dysfunction.