【Analyst: Milan's Appointment to the Federal Reserve Will Increase Pressure on Powell for More Rate Cuts】According to Golden Finance, Jay Hatfield, CEO of New York Infrastructure Capital Management, pointed out that Milan's role as a temporary Federal Reserve governor is somewhat unusual, as he was previously the chairman of the Council of Economic Advisers and has made some controversial, even difficult-to-defend statements, such as forcing people to purchase government bonds. However, I believe this will not affect his responsibilities as a Federal Reserve governor. This position is not particularly ideal, and taking on a short-term governorship is not a particularly attractive opportunity. This decision is quite pragmatic, as it is difficult to recruit someone from the private sector for such a short term. The focus of external attention is still on the nomination of the Federal Reserve chairman, but Milan's appointment will exert more pressure on Powell for rate cuts.