【Powell: In the face of uncertainty, the Federal Reserve will remain patient】Federal Reserve Chairman Powell stated that before considering adjustments to monetary policy, the Federal Reserve needs to further understand the current situation. He mentioned that given the ongoing changes in trade, fiscal, and regulatory policies, the Federal Reserve requires more time to assess their impact on the economy. Powell pointed out: "The rise in tariffs this year may drive up prices and put pressure on economic activity." If the Federal Reserve finds itself in a so-called dilemma, where there is a conflict between achieving full employment and price stability, then it will need to weigh the extent to which each goal deviates from its ideal level and the time required to achieve those goals.
