Deep Tide TechFlow news. On April 21, the Federal Reserve chair nominee, Wošh, said that if he were appointed and took charge of the Federal Reserve, he would drive comprehensive reforms in policy-making. Wošh told a Senate committee, “In my view, the Federal Reserve needs fundamental policy reforms. The mistakes made when dealing with the inflation problem during the COVID-19 pandemic require such reforms. I believe this means a shift in how policy is implemented. I believe this means the need for a different, entirely new inflation framework.” Wošh said that we need new tools and new ways of communication; he mentioned forward guidance, economic forecasts, and the dot plot. He said the Federal Reserve should wait until the meeting to issue statements, because forecasts would interfere with decision-making. ( Jin10 )

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