PANews April 21 news, Federal Reserve Chair nominee Waller stated: The supply side of the economy is undergoing dramatic changes. Changes on the supply side make Fed decisions difficult. Do not believe in forward guidance. The Federal Reserve will have to dig deep at the upcoming meeting. The balance sheet and interest rate policy should work in tandem. The effects of monetary policy have long-term and uncertain lags. (When asked if he would become Trump's puppet) Absolutely not. Will act independently as Federal Reserve Chair. Credibility is crucial for me, the Federal Reserve, and the successful implementation of policy. When asked if he agrees to interest rate cuts, Federal Reserve Chair nominee Waller said that Trump never asked him to decide on rates in advance, and he wouldn't agree to do so.

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