[Federal Reserve Governor Milan Lowers Rate Cut Expectations and May Lower Further] Jin10 News, April 16 – Federal Reserve Governor Milan stated that, given the inflation situation that existed even before the Middle East conflict, he might further lower his expectations for rate cuts this year. Milan said: "If I were to plot my dot on the dot plot now, I would lean toward three rate cuts, maybe four, but I haven't decided yet." In March, Milan anticipated four 25-basis-point rate cuts this year, but he noted that if price trends become "less favorable," the pace of rate cuts might slow down.