#PowellRemarks The Fed's decision to maintain interest rates was anticipated by market participants. However, investor focus has now shifted to statements regarding economic growth and inflation projections from Fed Chair Jerome Powell.

Global uncertainty has increased, especially after recent data showed the impact of President Donald Trump's trade tariff policies. Additionally, ongoing global conflicts and a surge in world crude oil prices further complicate the central bank's policy outlook from the US.

Although the Fed still projects a rate cut of 50 basis points this year, the pace of reduction is being slowed due to concerns that tariffs could trigger inflation.