Milan: The Fed has ample room to cut interest rates, and is still far from the zero interest rate lower bound.

BlockBeats news, on October 4th, The Federal Reserve Board of Governors member Milan stated, "I hope to provide the necessary data before the October FOMC meeting. This year's policy has become more contractionary. I believe my view on the neutral interest rate is in line with other Fed members. The Fed has ample room to cut rates and is still far from the zero lower bound." (Jin10)