How does Federal Reserve Chairman Powell view the current data situation? To be honest, Powell is also somewhat in a dilemma. Yesterday he stated that interest rates will not drop quickly, and the earliest they could lower rates would be after September, depending on inflation and employment data. This means that the Federal Reserve's influence on the market in the short term is limited, and the real variable is Trump.

Powell himself is conflicted; he recently admitted that he delayed lowering rates last year and missed the best opportunity. Now the data shows signs of economic cooling. If he continues to hesitate and does not lower rates, he might repeat the same mistake, leading to further economic decline. But he is also hesitant to ease policy too quickly because no one knows whether Trump will continue to be unpredictable on tariffs. Without tariffs, the April inflation data has already shown a significant drop, and the Federal Reserve might have lowered rates in May or June, providing some relief to the market. However, once tariffs are fully implemented, import prices will rise, leading to inflation again. Powell is also worried that after lowering rates, tariffs might rebound, causing inflation to surge, which would be particularly disastrous.

Therefore, Powell would rather wait longer than risk lowering rates. He may either lower rates before July to proactively support the economy or delay until after July and deal with the mess once a crisis erupts. #以太坊安全计划 #稳定币日常支付 #代币发射平台竞争加剧