Reporter: The thirteenth question, are you willing to talk about the long-term yield of US debt?
Powell: We believe that inflation will be anchored in the long run, which is what the Fed can see. After studying the situation for five years, it can be found that inflation is now moving towards 2% PCE, which will definitely happen, but you can question it.
Reporter: The fourteenth question, many Americans feel that the economy is not strong enough.
Powell: You are right. The current economic situation is good, but the people can't feel it because inflation is still high. The Fed's responsibility is to control inflation. When inflation comes down, the people will feel that the economy is improving, and this feeling of the people is real. I will not discuss Trump's criticism of me.
Reporter: The fifteenth question, what about the problem of stagflation?
Powell: The Fed does not think it needs to be dealt with. I feel a little embarrassed here. Although it has been stated that inflation will be controlled, the labor market will remain good, and it is believed that the inflation target of 2% can be achieved, the Fed has no idea whether to raise interest rates next year, and will still be determined based on monthly data.