Newly appointed Federal Reserve Governor Milan: Interest rate cut stance is independent and not influenced by Trump

ChainCatcher news, according to Jinshi reports, the new Federal Reserve Governor Stephen Milan made a public clarification on Friday regarding his communication with President Trump, emphasizing that his voting decision at this week's monetary policy meeting was made independently and was not influenced by any political interference. Milan cast a dissenting vote in this interest rate decision, advocating for a larger rate cut of 50 basis points, and stated that he had only a brief conversation with Trump before the decision.