milan

Federal Reserve Governor Stephen Milan officially submitted his resignation on Thursday, stating that he would vacate his seat on the Federal Reserve Board at or before the inauguration of the new chairman, Kevin Warsh.Milan took over her position on the board after Adriana Kugler's sudden resignation in August 2025. Milan has played a dissenting role in the Federal Open Market Committee (FOMC), which is responsible for setting interest rates. In the six FOMC meetings he attended, he voted "no" each time.He stated that he believes personal consumption expenditures (PCE) inflation, particularly in housing, will gradually return to normal levels, and reiterated that, given the lagging nature of monetary policy, he believes it is necessary to cut interest rates.Milan has consistently advocated for lower interest rates and opposed the three rate cuts of 25 basis points each approved by the FOMC in 2025, as he supported larger cuts. This year, he voted three times against the decision to maintain interest rates, instead supporting a 25 basis point cut.Additionally, he mentioned that he has been pushing for a more forward-looking monetary policy approach and believes the Federal Reserve "needs to better consider non-monetary factors and their impact on monetary policy." He specifically pointed out the effects of slowing population growth and reduced immigration on employment, as well as the deflationary pressures brought about by regulatory easing.

In the early morning of May 14 (UTC+8), in the final of the 2026 Coppa Italia, Inter Milan ultimately defeated Lazio with a score of 2:0, successfully lifting the championship trophy. As the official sleeve sponsor of Inter Milan Football Club, Gate was deeply involved in this peak event. During the final, Gate Europe CEO Giovanni Cunti was invited to attend the sponsor partner luncheon hosted by the club and watched the match from the box, witnessing the team's moment of glory alongside Inter Milan legends Esteban Cambiasso, Fabio Galante, and Francesco Toldo. This victory not only marks another important milestone in the deepening strategic cooperation between Gate and Inter Milan but also injects strong brand momentum into Gate's internationalization process.In addition, with Inter Milan winning the championship again this season, Gate will hold the "Gate x Inter XIII: Champion's Circle" offline reception in Milan on May 21. During the event, guests will visit Inter Milan's headquarters and engage in interactive exchanges with Inter legend Fabio Galante and executives. Leveraging the global attention of top international sporting events, Gate is continuously deepening the integration of Web3 with mainstream culture and strengthening its brand recognition and influence in the European and global markets.

Global leading cryptocurrency asset trading platform Gate announced that it will hold the "Gate x Inter XIII: Champion's Circle" offline event in Milan on May 21.This event coincides with Inter Milan Football Club securing the championship three rounds early in the 2025-26 Serie A season, successfully winning the club's 21st league trophy, while Gate also celebrates its thirteenth anniversary. As the official sleeve sponsor of Inter Milan, Gate witnesses the championship moment alongside the team, with its brand influence continuously rising in both the sports and Web3 industries.During this event, Gate will invite participants to the Inter Milan headquarters to closely view the trophy that symbolizes championship glory and experience the history and culture of a top-tier club. Legendary Inter Milan players will appear to share behind-the-scenes stories from the pitch and locker room, and there will be opportunities for photos and autograph interactions.At the same time, Gate's CMO will engage in a community development dialogue with Inter Milan executives, discussing topics such as global user growth, brand culture, and community operations. The event will also include a tasting session for the limited edition Gate x Inter Milan co-branded pizza. After the event, Gate will publicly release the co-branded pizza recipe to further extend community interaction and festive atmosphere.In addition, Gate's compliance progress in Europe is continuously advancing, with its Malta company Gate Technology Ltd having obtained European MiCA and PI licenses under the supervision of the Malta Financial Services Authority (MFSA), further strengthening its global compliance layout. Leveraging top-tier sports IP and the popularity of international events, Gate will continue to expand the boundaries of connection with mainstream culture.

According to Jinshi reports, Federal Reserve Governor Milan stated that both the labor market and inflation expectations do not point to higher inflation.

According to Jinshi reports, Federal Reserve Governor Milan stated that reducing forward guidance will make the Federal Reserve's policy more flexible.

According to Jinshi reports, Federal Reserve Governor Milan stated that interest rate cuts are the appropriate choice and pointed out that the Federal Reserve's policies have suppressed the job market.

The globally leading cryptocurrency trading platform Gate announced that it will hold an offline event in Milan on May 21. This timing coincides with Inter Milan Football Club securing the championship three rounds early in the Serie A league for the 2025-26 season, successfully winning the 21st league trophy in the club's history.At the same time, Gate is also celebrating its thirteenth anniversary. As the official sleeve sponsor of Inter Milan, Gate has gained significant global exposure alongside the team's championship journey, with brand awareness continuously amplified by the excitement of the events, attracting widespread attention in both the sports and Web3 industries.As a traditional powerhouse in Italian football, Inter Milan's return to the top further solidifies its competitive position on the elite stage. Gate, the official sleeve sponsor of Inter Milan, will invite clients, KOLs, and institutions to participate in this event, engaging in multidimensional communication and interaction around the event's milestones and brand culture.Leveraging the traffic and emotional resonance brought by sports events, Gate accelerates the expansion of its connection with mainstream culture, injecting new momentum into its brand internationalization process.

According to Jin Shi reports, Federal Reserve Governor Milan stated that, given the inflation situation that had already emerged before the Middle East conflict, he may lower his expectations for interest rate cuts again this year. Milan mentioned that if he were to draw the dot plot now, he would lean towards cutting rates 3 times, possibly 4 times, but has not made a final decision yet. In March, he expected to cut rates 4 times this year, each by 25 basis points, but the pace of cuts may slow down if price trends become "less favorable."

According to Jinshi reports, Federal Reserve Governor Milan stated a preference for three interest rate cuts this year, but it could also be four.

According to Jinshi reports, Federal Reserve Governor Milan stated that it is likely that there will only be three interest rate cuts for the remainder of this year.

Global leading digital asset trading platform Gate announced an upgrade to its strategic partnership with Serie A club Inter Milan, officially becoming the sleeve sponsor of the Inter Milan U23 youth team starting in April 2026.Gate has decided to make additional targeted investments in the spring of 2026, expanding its sponsorship scope to the newly established U23 team of the club. Gate founder and CEO Dr. Han stated, "Gate has always been committed to empowering global users through the power of technology and innovation. Since becoming a partner of Inter Milan in 2024, we have felt a deep sense of pride. This extension of our partnership to the U23 youth team is because we believe this team represents the future of football."Gate's collaboration with Inter Milan began in 2024, and this expansion to the youth team reflects Gate's emphasis on the new generation of talent and long-term value. Gate will support the growth of young players through brand and resource backing, continuously strengthening its forward-looking brand positioning, and expanding its global influence in the exploration of the integration of sports and Web3.

According to Jinshi reports, Federal Reserve Governor Milan stated that the Federal Reserve could gradually cut interest rates by 1 percentage point within a year.

According to Jinshi reports, Federal Reserve Governor Milan stated that the Federal Reserve's more active market intervention measures could reduce the size of the balance sheet.

According to Jinshi reports, Federal Reserve Governor Milan expressed optimism about stablecoins and will invest more funds into the dollar ecosystem.

According to Jinshi reports, Federal Reserve Governor Milan stated that he does not believe the Federal Reserve needs to significantly accelerate the pace of policy adjustments.

According to Jinshi reports, Federal Reserve Governor Mian stated that the current policy of the Federal Reserve is incorrectly suppressing economic growth.

According to Jinshi reports, Federal Reserve Governor Mester stated that the current interest rate level of the Federal Reserve is about 1 percentage point higher than the neutral interest rate.

According to Jinshi, Federal Reserve Governor Milan stated that the Federal Reserve should lower interest rates to a neutral level this year.

According to Jinshi reports, Federal Reserve Governor Mylan stated that, so far, market expectations for inflation have not changed due to the surge in oil prices.