Fed's new director Milan: stance of interest rate cuts is independent, not affected by Trump

According to ChainCatcher, according to King Thousand, the new Federal Reserve director Stephen Milan made public clarification on Friday regarding his communication with US President Trump, emphasizing that his voting decision at this week's monetary policy meeting was made independently and had not been subject to any political interference. Milan voted against the interest rate resolution, advocating that the rate cut should be expanded to 50 basis points, and said that he had only had a brief exchange with Trump before the decision.