#鲍威尔半年度货币政策证词 After watching Powell's speech, I summarized three key points!

1. If it weren't for the new tariff policy, the Federal Reserve would have already lowered interest rates. The current reason for not lowering interest rates is the uncertainty surrounding the tariff policy.

2. He maintains a very cautious attitude towards a rate cut in July, but is much more open to a rate cut in September.

3. The U.S. economy is resilient enough, and the job market is very stable, so there is no need to lower interest rates to alleviate issues in the labor market.

Powell and Trump are passing the buck to each other!