Cointime news, Federal Reserve Chairman Powell stated that the constantly 'changing' economic risks have given the Federal Reserve more ample reasons to cut interest rates. This statement indicates that Powell has aligned himself with the 'dovish' faction within the Federal Open Market Committee that sets interest rates, also signaling that he may support a 25 basis point rate cut at the Fed's next meeting in September. Although Powell acknowledged that the impact of the government's trade war on consumer prices is now 'clear to see,' he suggested that this impact is unlikely to be persistent and may merely be a one-time shock that the central bank can ignore. He stated, 'Given that the labor market is not particularly tight and is facing increasing downside risks, (the outcome of sustained inflation) seems unlikely.' He also added, 'Inflation faces upside risks, while employment faces downside risks, which is quite a challenging situation.' #美联储 #美联储会议