The new Federal Reserve board member calls for aggressive interest rate cuts, while other officials hold a cautious attitude.
According to the Securities Times app, the latest director of the Federal Reserve appointed by US President Trump, Milan, made his first policy speech on Monday, calling for aggressive interest rate cuts and explicitly stating that he will continue to push for larger rate cuts at future meetings. This position is highly consistent with Trump's policy demands, but it has made him a "minority" within the Federal Reserve.
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