#Metaplanet增持比特币 Federal Reserve Chairman Powell said on Wednesday that the market's expectation that the Federal Reserve will intervene to calm volatility may be incorrect. When asked whether the Federal Reserve would intervene in response to a sharp decline in the stock market, Chairman Powell stated, "My answer is no, but I will provide an explanation."

Speaking at a conference in Chicago, Powell said, "I think the market is digesting the current situation and is dealing with a lot of uncertainty, which means volatility. Given the significant changes in President Trump's tariff system, it is understandable that the market would encounter difficulties."

He also explained that it is difficult to know in real-time what is causing the trouble. Powell stated, "I have had a lot of experience with significant market volatility, such as in the bond market. Usually, people form an idea, and two months later, when looking back, they find that their initial view was completely wrong. Therefore, it is still too early to definitively say what is happening in the market." For now, he pointed out that some of the market's turmoil is due to hedge funds reducing leverage or debt, and added, "In the short term, you may continue to see market volatility." (Jinshi)