On May 7, 2025, Federal Reserve Chairman Powell will speak at a press conference following the Federal Open Market Committee (FOMC) meeting held at the Federal Reserve headquarters in Washington. The interest rate decision will be announced at 2 PM local time (2 AM Beijing time on May 8), and Powell will begin his remarks at 2:30 PM.

Emphasizing Central Bank Independence: Powell may reiterate the Federal Reserve's independence in formulating monetary policy, emphasizing that it will not be influenced by any political factors and clearly stating that the Federal Reserve will determine the direction of monetary policy based on economic data and its own judgment, rather than being influenced by the White House or other political forces, in order to counter claims in the market that the Federal Reserve may adjust its policies under pressure from the U.S. government.

Upholding Commitment to Inflation Stability: He may adopt a hawkish tone to emphasize the Federal Reserve's commitment to price stability. Although some inflation indicators in the U.S. have eased recently, such as the March PCE price index year-on-year growth being the lowest level since last autumn, Powell may point out that there remains uncertainty around inflation, and the Federal Reserve will closely monitor inflation trends to ensure it continues to approach the target level and will not easily relax vigilance against inflation.

Concern Over Tariff Policy Impact: Powell may mention the potential impact of Trump's tariff policy on the U.S. economy, stating that the Federal Reserve will wait for clearer economic data, especially after the long-term effects of tariffs on inflation and economic growth become clear, before considering adjustments to monetary policy. Currently, the uncertainty surrounding tariff policy is still significant, and its impact on the economy may have a lagging effect, so the Federal Reserve needs time to assess its overall effects and will maintain the stability of its policies in the meantime.

View on Economic Outlook: Powell may assess the current state of the U.S. economy, possibly mentioning the strong performance of the labor market, such as the non-farm payrolls in April exceeding expectations, but he may also point out some risks and uncertainties present in the economy, such as the global economic situation and trade tensions that could potentially impact the U.S. economy, conveying an overall cautiously optimistic attitude while emphasizing that the Federal Reserve will flexibly adjust policies based on changes in economic conditions to maintain stable economic growth and stability in the labor market. #美国稳定币法案 $BTC $ETH