[Federal Reserve Governor Milan: Inflation Rate Expected to Approach Target Level in One Year] Golden Finance reported that on April 14, Federal Reserve Governor Stephen Milan stated that the energy shock triggered by the Iran conflict has not yet affected long-term inflation expectations. He anticipates that price pressures will fall back to the central bank's target level within a year. Speaking at an event in Washington on Tuesday, Milan said: 'So far, there is no evidence that inflation expectations have risen. The labor market is gradually cooling, a trend that has persisted for about three years, making the likelihood of a wage-price spiral very low. In my view, the traditional approach of the central bank not reacting to such temporary shocks currently seems reasonable.'