Powell's Statement Explodes! The Federal Reserve Resolutely Does Not Cut Interest Rates, Market Shocked

Powell's latest remarks have sparked heated discussions. He bluntly stated that the Federal Reserve is not influenced by external pressures and is determined to maintain the current interest rate policy, emphasizing that debt issues and tariff disruptions are not the responsibilities of the Federal Reserve. He pointed out that economic growth has exceeded expectations, inflationary pressures remain, and although the labor market is stable, cutting interest rates is not an option in the short term. He also revealed that the Federal Reserve will continue to reduce its holdings of Treasury bonds and MBS. Despite uncertainties in the economic outlook, Powell stated that the Federal Reserve will continue to monitor future actual data. The market reacted lukewarmly, interest rate policy remains unchanged for the time being, and inflation risks persist.