According to Foresight News, as reported by Jin Shi, Federal Reserve Board member Waller stated that stablecoins bring competition to payment systems but do not pose a threat. He mentioned that no one from the Trump administration communicated with him regarding the appointment of the Federal Reserve Chair. The economy faces more risks, and the current situation requires a monetary policy closer to neutral levels, leaning towards a loose policy rate. The upside risk of inflation is limited; tariffs will temporarily push up inflation but will gradually dissipate next year. Without tariff impacts, inflation would be close to the 2% target. Delaying interest rate cuts may increase the risk of aggressive measures in the future; a rate cut in July could provide space to maintain rates unchanged in subsequent meetings. If core inflation remains controlled and economic growth is weak, further rate cuts will be necessary, and action should not wait until labor market issues arise.