I took a look at the Federal Reserve's press conference. The interest rates remain unchanged, which is consistent with expectations, and the market situation is relatively stable.

Powell's entire speech was quite vague. He mentioned interest rate cuts but did not provide a clear statement, saying that in certain circumstances, it would be appropriate to cut rates this year, but in other circumstances, it would not.

However, when facing Trump, he chose to stand firm. In this press conference, he clearly stated that Trump's demands for the Federal Reserve to cut rates would have no impact on the Fed's work. The attitude is very clear: you don't interfere with me, and you can't control me! In other words, you take care of your trade and economy, and I will take care of my monetary policy. If you can't manage trade, I will maintain the status quo!