Trump's nominee to the Federal Reserve Board of Governors once again calls for significant interest rate cuts.

According to Golden Finance, CCTV News reported that The Federal Reserve Board of Governors member Stephen Milan has once again called for a more aggressive interest rate cut path, while emphasizing that his differences with other decision-makers "are not as great as outsiders imagine." In an interview, Milan stated that if the policy deviates from the track, it should be adjusted "at a relatively quick pace." He believes that the current policy is actually more restrictive to the rise, and therefore a looser monetary environment is needed.