Federal Reserve Board Member Milan: Deregulation Will Lead to Price Declines and Provide a Reason for Rate Cuts

GateNews

2026-01-14 15:42:57

Odaily Planet Daily reports that Federal Reserve Board member Milan stated that easing regulation should put downward pressure on prices, providing another reason for the U.S. Federal Reserve to cut interest rates. By 2030, perhaps 30% of regulations could be eliminated, potentially reducing inflation by half a percentage point annually. Easing regulation is equivalent to a positive supply and productivity shock, providing more capacity for the economy and alleviating price pressures. (Jin10)

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