Federal Reserve Governor Milan: I have not yet decided how much I will support a rate cut, but I will gradually reduce the number of times I object to...

On December 22, Federal Reserve Governor Milan stated that he had not yet decided whether to support a 25-basis-point or 50-basis-point rate cut, but would reduce the number of times he objected to a 50-basis-point cut as time went on. If his Fed seat remains unconfirmed by January 31, he will assume he will remain in his position. He also stated that Fed Chairman Powell had secured three rate cuts from the Federal Open Market Committee. (Jinshi)