Federal Reserve Chairman Waller: The potential growth rate appears to be on an upward trend, and there is reason to be optimistic about productivity.

This is an era full of immense opportunities for the United States. The potential growth rate appears to be on an upward trend. There are reasons to be optimistic about productivity. Forward guidance is not the correct policy under the current circumstances. It’s unclear whether productivity has short-term policy impacts. I hope the Federal Reserve’s balance sheet will shrink, and this is no secret. The balance sheet mainly operates through asset prices.