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Milan: Short-term interest rates above appropriate levels may lead to layoffs and an increase in the unemployment rate

2025-09-23 00:03:46
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ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Mulan stated that maintaining short-term interest rates about 2 percentage points above the appropriate level could lead to unnecessary layoffs and higher unemployment rates.

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Federal Reserve short-term interest rates unemployment rate
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