Analyst: From the choice of advisers to the inflation indicator, Woush may reveal the Federal Reserve reform ace card at the first press conference.

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BlockBeats News, June 17, According to CNN reporter Bryan Mena, although Waller cannot single-handedly achieve the interest rate cuts demanded by Trump, he has already made it clear that the Federal Reserve will not continue as usual. Waller has hired two senior conservative policy experts as temporary advisors to the Federal Reserve. One is Paul Winfrey, and the other is Daniel Hail. Additionally, Waller has stated that there are "a large number of redundant personnel" within the Fed, implying he may overhaul approximately 3,000 Washington-based employees. Powell began the layoff process last year to align with similar actions at the federal government level.

Waller also suggested that Fed officials view inflation differently, focusing on another inflation measure called "trimmed mean." At the confirmation hearing in April, Waller said these indicators capture "what the underlying inflation rate is, rather than one-time price changes caused by geopolitical shifts or changes in beef prices." With new advisors in place, discussions about "systemic reform" are underway, and Waller's press conference is bound to send clear signals for the first time, indicating how far Waller plans to go in reshaping the Federal Reserve. (Jin10)

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