Federal Reserve Governor Milan: There is great hope for achieving 3% growth in the second half of 2025.

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On the 25th, Federal Reserve Governor Milan stated in a media interview that he is very hopeful for achieving a 3% growth rate in the second half of 2025.

His outlook on economic growth is likely more optimistic than that of many at the Federal Reserve. Economists need to remain humble regarding expectations for artificial intelligence.

He stated that the influx of tariff revenue is suppressing the neutral interest rate, and immigration is also lowering the neutral interest rate.

"Large demographic fluctuations will have substantial consequences. Changes in tax and regulatory policies boost growth potential. The longer the Federal Reserve's restrictive policies remain in place, the greater the economic risks."

More updates to follow...

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