Recently, U.S. President Trump announced plans to nominate economic advisor Stephen Moore to the Federal Reserve Board. This decision could introduce a strong dissenting voice within the Federal Reserve, especially regarding the impact of tariffs on inflation and economic growth.

Milan's views are in clear disagreement with the majority of Federal Reserve officials. Currently, many Fed officials believe that tariff policies will lead to rising prices while simultaneously weakening economic growth, which puts the central bank in a policy dilemma: whether to stimulate the economy by lowering interest rates or to maintain the interest rate level to control inflation.

However, Milan holds a completely different view. He believes that the aforementioned concerns are misplaced. In his view, tariff policies will actually have a positive impact on the economy while not significantly raising prices. Based on this judgment, Milan believes that the Federal Reserve should conditionally restart the interest rate cut process that was paused earlier this year.

Whether Milan's views can gain recognition within the Federal Reserve and subsequently influence broader policy-making is still uncertain. However, if the job market remains weak, prompting Federal Reserve officials to consider restarting interest rate cuts, then Milan's views may not need to play a significant role.

This nomination reflects the Trump administration's attempt to influence the Federal Reserve's policy direction through personnel arrangements. Regardless of the final outcome, Milan's joining could bring new perspectives and more debate to the Federal Reserve's policy discussions.