[Federal Reserve Governor Milan: Deregulation Will Put Downward Pressure on Prices, Providing a Reason for Rate Cuts] BlockBeats News, January 14, Federal Reserve Governor Milan stated that deregulation should put 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)