U.S. Treasury Secretary Yellen: Core inflation is slowing down, and Powell hopes to maintain flexibility.

U.S. Treasury Secretary Bessenet stated in an interview that Federal Reserve Chairman Waller hopes to maintain flexibility to achieve the best outcomes. Discussing the Fed and Waller's strategy, he believes this is a "detox" for the Federal Reserve. He mentioned that each meeting should be real-time and that participants should make their own judgments. He believes the Federal Reserve will balance the goals of economic growth and inflation, and he is confident that Waller will help the Fed find a balance between growth and inflation objectives. When discussing the economy and inflation, he noted that core inflation has remained very stable after excluding sectors affected by energy prices, and underlying inflation data is quite mild; he believes this trend will continue. Additionally, he pointed out that core inflation is slowing down.