The US Treasury Secretary praised Walsh for eliminating forward-looking guidance and re-emphasized the dominance of the US dollar

Comparative news. According to Kim Ju's report, US Treasury Secretary Bessent praised Federal Reserve Chairman Walsh for removing forward-looking guidance, and at the same time, he thought no one should make bitmap predictions. On the economic side, he expects real wage growth to return to the pace before April, and he expects the economy to accelerate for the rest of the year without driving up inflation. He emphasized that the dollar's dominance is critical. He believes that after the situation in Ukraine is over, Russia will want to restore the dollar system, and the new Venezuela is returning to this system.

While interest rates are cut, the US dollar can remain strong, and the US is happy to take the right steps to keep the dollar strong. On the Iran issue, Bezent said that the US Treasury will monitor Iran's funding allocation. These funds will initially be distributed through Qatar. A large portion of these funds will be used to purchase US food and drugs supervised by the Treasury Department, while any funds received by Iran should be owned by the Iranians.