[Waller: The Federal Reserve Should Gradually Reduce Forward Guidance] According to a report by Jinse Finance, on April 21, Federal Reserve Chair nominee Waller stated that the Federal Reserve should reduce its reliance on forward guidance and warned that excessive transparency could hinder policy flexibility when circumstances change. He said, 'The Federal Reserve reveals to the world... what their forecast results will be,' but 'the Fed sticks to its forecasts for too long,' a phenomenon related to the Fed's delayed response to the inflation surge during the 2021-2022 pandemic. In his view, reducing commitments would help achieve more flexible decision-making, as 'if the Fed waits until meetings to make decisions, this gradual evaluation process can prevent the central bank from repeatedly making mistakes.' He sees this as part of a broader reform agenda and added, 'I believe these changes are very necessary, and if confirmed, I look forward to implementing them.'