Odaily Odaily reports that Federal Reserve Governor Milan stated on Friday that yesterday's (US September non-farm payrolls) data had a "clearly dovish" impact. Milan pointed out that the current lack of data does not mean we have no forecasts; we should be forecast-oriented, not data-oriented. Milan stated, "If my vote is the deciding factor, I will support a 25 basis point rate cut." Milan believes that labor market data was not as strong as expected, and CPI data is not expected to be released until after the next FOMC meeting. (Jinshi)
Federal Reserve Governor Milan: If he becomes the key voter, he will support a 25 basis point rate cut.
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