On September 28, U.S. Treasury Secretary Becerra stated that Federal Reserve policymakers should maintain an 'open attitude' regarding interest rates. He believes that productivity gains from artificial intelligence and regulatory rollbacks will help curb inflation in the United States. Becerra noted that Fed Chairman Waller, appointed by Trump, is already 'fully aware' that the U.S. economy is experiencing growth results similar to the internet boom of the 1990s, or even 'more significant.' He pointed out that former Fed Chairman Greenspan at that time 'let the economy develop,' and that 'the Federal Reserve Board and policymakers should keep an open mind, as this involves factors related to regulatory easing.' Becerra also mentioned, 'Core inflation has remained very stable and has actually decreased over the past few months.'
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