#加拿大推出SolanaETF Powell: Don't expect the Federal Reserve to step in to save the market, Trump changes every day

Golden Finance reports that Federal Reserve Chairman Powell stated on Wednesday that the market's expectation that the Federal Reserve will intervene to quell volatility may be misguided. When asked if the Federal Reserve would intervene in response to a sharp decline in the stock market, Chairman Powell replied, 'My answer is no, but I will provide an explanation.' Powell said at a conference in Chicago, 'I think the market is digesting the current situation, and the market is dealing with a lot of uncertainty, which means volatility.' Powell noted that given the significant changes in President Trump's tariff regime, it is understandable that the market would encounter difficulties. He also explained that it is difficult to know in real-time what is causing the trouble. Powell stated, 'I have had a lot of experience with major market fluctuations, such as in the bond market. Typically, people form an opinion and two months later look back and find that their original view was completely wrong. Therefore, it is too early to conclude what is happening in the market.' For now, he pointed out, part of the market turmoil stems from hedge funds reducing leverage or debt, and he added, 'In the short term, you may continue to see market volatility.'