[Federal Reserve Chair Walsh: Aiming to Achieve Real-Time Data-Based Policy Making Within a Year] Golden Finance reports, July 1—Federal Reserve Chair Walsh has set an ambitious timeline aimed at enabling the Fed to rely on new technologies that provide real-time economic data, thereby reducing dependence on lagging government survey data. Walsh stated: 'My vision is that within the next 9 to 12 months, we will leverage new technologies to grasp the dynamics of the real economy in a synchronized, real-time manner, allowing us to make more informed decisions. We will no longer solely rely on data from government agencies that contain statistical biases and outdated survey content.'