Fed Governor Milan Calls for Rate Cuts as Unemployment Climbs, Inflation Stable and Markets Stay Unmoved
COINOTAG News, November 25th — Federal Reserve Governor Milan said improving employment data could convince fellow policymakers to back rate cuts, arguing that the rise in unemployment reflects policy tightness rather than persistent inflation. He does not flag an inflation problem, even as he notes a rising cost of living. The message was clear: policy should be forward-looking, and the Fed may soon move toward the neutral interest rate. Analysts point to his appointment with rate-cutting considerations in mind, explaining why the remarks drew only muted market reaction.
From a crypto-market perspective, the subdued response underscores macro-driven liquidity dynamics. Traders appear to price gradual normalization rather than aggressive easing, potentially keeping Bitcoin and other crypto assets in a cautious stance. While the policy path remains uncertain, the emphasis on a data-driven trajectory supports a stable sentiment for digital assets, with liquidity and risk premiums likely to adjust as policy expectations shift.