Federal Reserve Governor Milan supports larger rate cuts, Wall Street responds calmly

According to ChainCatcher news, as reported by Jin10, Federal Reserve Governor Mester voted for a larger rate cut than other committee members during her time at the White House. Wall Street seems to respond calmly to this change, with Federal Reserve's Kashkari stating that market confidence in U.S. institutions is a key factor. He pointed out that investors and lawmakers generally recognize the importance of the Federal Reserve's independence and believe that the U.S. institutional framework will continue to uphold this independence, avoiding short-term political interference.