[Federal Reserve Governor Milan: Deregulation Will Bring Price Declines, Providing a Reason for Rate Cuts] Odaily Planet Daily News – Federal Reserve Governor Milan stated that deregulation should exert downward pressure on prices, which is another reason for the U.S. central bank to cut interest rates. By 2030, it may be possible to eliminate 30% of regulations, potentially reducing inflation by half a percentage point annually. Deregulation is equivalent to a positive supply and productivity shock, providing more capacity for the economy and alleviating price pressures. (Jin10)