Analysts say Stephen Miran joining the Federal Reserve may increase pressure to cut interest rates

On August 8th, analyst Jay Hatfield stated that Stephen Miran's appointment as an interim director of the Federal Reserve is unusual, but it will not affect his ability to fulfill his duties. He believes that Miran's addition may put more pressure on Federal Reserve Chairman Powell to cut interest rates. The outside world is currently paying more attention to the progress of the nomination of the Federal Reserve Chairman.