Federal Reserve Governor Mulan: Interest rates should continue to be lowered to address economic uncertainty

According to Jin Ten, Federal Reserve Governor Milan stated that continuing to cut interest rates is still appropriate, as it is too early to assess the impact of the Middle East war on the U.S. economy. He believes that the events that occurred over the weekend have not changed the forecasts for the labor market or inflation. Despite the surge in oil prices leading investors to lower their expectations for Fed rate cuts in 2026, Milan still believes that the labor market needs more monetary policy support.