Federal Reserve Governor Waller stated that given the unexpected job losses in February, he had originally planned to vote for an interest rate cut at this week's central bank meeting. However, with escalating oil supply tensions and the threat of persistent inflation, he realized that more cautious measures were needed until the impact of the war with Iran became clear. Waller said that when the latest jobs report showed a loss of 92,000 jobs last month, "I thought, 'That's it, I disagree with the Fed's decision this week to keep rates unchanged.'" But "since then, the Strait of Hormuz has been blocked. This seems to indicate that the conflict will last longer, and oil prices will remain high for an extended period. So this suggests that inflation is a more worrying issue," and its duration will depend on the magnitude and duration of energy price increases. (Jinshi)