#PowellRemarks #PowellRemarks 1. Cautious stance on monetary policy: Powell emphasized that the Fed will continue to be "patient" and "observe" before making any adjustments to interest rates. He stated that the Fed is not in a hurry to cut rates as it needs more clearer data on the economic situation. 2. Impact of tariffs and inflation: Powell warned that tariff policies, especially from proposals by President Donald Trump, could accelerate inflation and slow economic growth. However, he views this as a "one-off" impact and does not guarantee that the Fed will change policy immediately. 3. Ignoring political pressure: Powell rejected calls for rate cuts from Trump, emphasizing that the Fed will act based on economic data and will not be influenced by political pressure. He affirmed that the current policy remains appropriate, with a balanced labor market and solid economic growth. 4. Cryptocurrency and banking regulation: Some posts on X mentioned that Powell commented on the cryptocurrency boom, suggesting that the Fed may ease regulations related to this sector, paving the way for digital finance. However, this information needs further verification as it has not been widely reported in mainstream sources. 5. Economic outlook: Powell acknowledged that inflation has cooled in some areas like goods and energy, but core inflation (services, housing, travel) remains high. He also noted that the risk of rising inflation and unemployment is a major challenge for the Fed. Market assessment: Following the speech, the stock market and gold prices experienced slight fluctuations.