BlockBeats news, on May 7, Karen Manna of Federated Hermes stated that Federal Reserve Chairman Powell may not be able to satisfy investors' thirst for clarity when he speaks to reporters after tomorrow's interest rate decision.
It is expected that the Federal Reserve will maintain interest rates, and Powell may face questions about the impact of tariffs on inflation and the economy. The final level and duration of tariffs remain unknown, which limits Powell's ability to provide clearer information. 'Forecasting is always fraught with difficulties, and making predictions in the face of constantly changing targets is almost impossible.' She expects this uncertainty to continue until the Federal Reserve's June meeting, unless there are substantial changes. (Jinshi)