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New Federal Reserve Governor Stephen Milan will speak to the economic club in New York on Monday to explain his views on economics and monetary policy.
It appears less than a week after Milan has expressed its only opposition from the Federal Open Market Committee’s decision to cut its major overnight borrowing rate by a quarter point. Instead, Milan favored a half cut.
Milan was confirmed last Tuesday after President Donald Trump resigned unexpectedly in early August and then appointed him to fill the vacant space he created. This period expires on January 31, 2026, and Milan is not expected to be reappointed for a full 14-year term.
Before coming to the Fed, he chaired the Economic Advisors Council. The Economic Advisory Council will return after he takes time off and stints at the central bank.
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