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Vosh: More inclined to consider interest rates as the dominant force
BlockBeats News, on April 21, the Federal Reserve Chair nominee, Worsh, said that, overall, the current economy is close to the level of full employment. The Federal Reserve’s balance sheet has played an adverse role in fulfilling its dual mandate. It is more inclined to treat interest rates as the leading force. If we cut interest rates, more people will benefit. The balance sheet needs to be gradually and cautiously reduced. (Jinshi)