Fed director Milan supports bigger interest rate cuts, Wall Street responds calmly

According to ChainCatcher, according to King Ship, Federal Reserve Director Milan voted to support a larger rate cut than other committee members during his tenure at the White House. Wall Street seems to respond calmly to this change, and Fed Kashkali said that market confidence in US institutions is a key factor. He pointed out that investors and lawmakers generally recognize the importance of Fed's independence and believe that the US system will continue to maintain this independence and avoid short-term political interference.