PANews April 21 news, Federal Reserve chair nominee Waller: Overall, the current economy is close to full employment levels. The Federal Reserve's balance sheet has played an adverse role in achieving its dual mandate. There is a greater tendency to use interest rates as the dominant force. If we lower interest rates, more people will benefit. It is necessary to gradually and cautiously reduce the balance sheet. The huge balance sheet is the reason for the Federal Reserve's involvement in politics. The Federal Reserve needs to withdraw from fiscal matters. We are collaborating with the Treasury Secretary to advance the work of reducing the Federal Reserve's balance sheet. Too many Federal Reserve officials are expressing opinions on interest rates in advance.

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