历史最快！米兰确认出任美联储理事 将赶上周二利率决议

Core Points - Stephen Miran has been confirmed as a Federal Reserve Board member, allowing him to participate in the upcoming FOMC meeting and vote on interest rate decisions [1] - The market anticipates a 25 basis point rate cut, but Miran's presence may shift the voting dynamics towards a potential 50 basis point cut, aligning with the White House's calls for more aggressive monetary easing [1][3] - Miran's appointment raises concerns about the independence of the Federal Reserve, especially given the Trump administration's pressure for significant monetary policy loosening [3] Summary by Sections Appointment and Confirmation - Miran's confirmation by the Senate allows him to join the FOMC meeting starting Tuesday, potentially setting a record for the fastest transition from confirmation to participation in a rate-setting meeting [2] - He fills the vacancy left by Adriana Kugler, whose term ended in August, and will serve until January 2026 [1] Market Expectations and Policy Implications - The prevailing expectation is a 25 basis point rate cut, but Miran and other officials like Christopher Waller may advocate for a more substantial cut, possibly 50 basis points [1][3] - Trump's public statements indicate a desire for rates to be lowered to 1%, a level typically seen only during economic crises [3] Concerns Over Independence - Miran's ties to Trump and the administration's influence raise alarms about the Federal Reserve's independence, with critics labeling him as a potential "mouthpiece" for Trump's economic agenda [3] - Senate Minority Leader Chuck Schumer expressed opposition to Miran's nomination, citing concerns for Americans affected by Trump's economic policies [3] Ongoing Legal Battles - Concurrently, a legal battle is unfolding regarding another Fed board member, Lisa Cook, who was dismissed by Trump but is contesting the allegations against her [5] - This situation adds a layer of political complexity to the FOMC meeting, making it not just an economic decision but also a matter of the Fed's independence and future personnel dynamics [5]