According to Wall Street Journal reporter Nick Timiraos, Federal Reserve Chairman Powell stated that the current U.S. economy faces simultaneous risks of declining employment and rising inflation, and it is "to be expected" that there are differing opinions within the Fed. Regarding quantitative easing (QE), Powell said that when he took office as chairman, he never anticipated the need to implement QE, and he indicated that whether to reintroduce QE in the future depends on market conditions, while also hinting that the Fed will continue to support the stability of the U.S. Treasury market if necessary.