Hassett, director of the National Economic Committee of the White House, said that Kevin Walsh, the chairman of the Federal Reserve, needed to deal with the situation left by Jerome Powell, the former chairman of the Federal Reserve. The United States did not want to get rid of debt through inflation, and the current level of interest payment was unacceptable. The president was very serious about deficit reduction. The rise of the US bond yield was due to the strong economy and respect for the independence of the Federal Reserve. The US consumption was very strong. It was expected that the consumption performance in the holiday season would be strong. There was a lot of good news this week. (Source: Jin Shi)
