Powell said that there is no rush to cut interest rates until the impact of Trump's policies is further clarified, and there will be no rush to cut interest rates until there is further clarity on how the policies of the new Trump administration will affect the economy. "The new administration is implementing major policy changes in four different areas: trade, immigration, fiscal policy, and regulation," Powell said. Uncertainty surrounding these changes and their possible impact remains high. Our focus is on separating the signal from the noise as the outlook changes. We need not be in a hurry, and we are well positioned to wait for a clearer outlook. Powell's speech comes at a turbulent time when both stock markets and bond yields have fallen, with Trump announcing steep import tariffs on major trading partners Mexico and Canada, which were subsequently delayed. While Powell said the economy "continues to be in good shape," the data also suggests that consumer spending is likely to slow and that businesses and companies are concerned about "increased uncertainty about the economic outlook." Powell added that key indicators remain solid and that progress on sustained inflation and employment increases, albeit unevenly, continues.

[爱心] summary: To put it bluntly, Powell believes that "because Trump has just taken office and has announced a series of plans, there is uncertainty in the tariff and other policy cycles, so the Fed remains observant, and he said that the Fed has the ability to distinguish between good and bad and the current market state, the current economic state is good, and it is not in a hurry to cut interest rates, and will adjust interest rates according to subsequent market changes"
[爱心] Trump just finished the Oval Office press conference, and did not mention the crypto market, wait for the crypto meeting to end, I got up an hour early to see the status of the U.S. market and the news, brothers will sleep again, and at 3:30 will call everyone in the live broadcast room.