Lates News

US Treasury Secretary Benson: I will not comment on the underlying core inflation pressure that the Federal Reserve needs to be wary of. However, I believe that we must objectively assess the impact of the Iran conflict on prices and inflation, and observe the actual performance of inflation after the current energy price hike effect subsides. At the same time, we must also look at the artificial intelligence industry boom rationally - AI is expected to boost productivity, play a role in curbing inflation, and push inflation back to target levels. I am confident that Kevin Wash will choose the optimal policy path, balancing the Federal Reserve's dual statutory responsibilities of curbing inflation and stabilizing growth. It is worth noting that he had previously expressed strong views on inflation risks.