ME News message, December 17 (UTC+8), according to Jinshi Data, Federal Reserve Governor Waller stated that inflation is expected to continue to decline, and believes that the current interest rate level is 50 to 100 basis points above the neutral rate. The labor market is weak but has not seen a cliff-like drop, supporting the Federal Reserve to continue cutting interest rates without the need for drastic actions. Affected by his dovish remarks, the decline in U.S. Treasury bonds has significantly narrowed. (Source: ME)