On June 24, PANews reported that Federal Reserve Chairman Powell stated that long-term inflation expectations remain consistent with the 2% target. Although inflation has significantly eased, it remains above the target level. He pointed out that tariffs could drive up prices and put pressure on the economy, with the ultimate impact depending on the level of tariffs. Powell emphasized that the Federal Reserve is currently in a favorable position to wait for more data before considering interest rate adjustments, while acknowledging that the impact of policy adjustments on the economy still carries uncertainty.